PPL Corporation – Consensus Indicates Potential 9.1% Upside

Broker Ratings

PPL Corporation with ticker code (PPL) now have 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 35 and 29.5 calculating the average target price we see 31.14. With the stocks previous close at 28.55 this now indicates there is a potential upside of 9.1%. The day 50 moving average is 27.75 while the 200 day moving average is 26.67. The market cap for the company is $21,980m. You can visit the company’s website by visiting: http://www.pplweb.com

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PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through three segments: U.K. Regulated, Kentucky Regulated, and Pennsylvania Regulated. It serves approximately 418,000 electric and 329,000 natural gas customers in Louisville and adjacent areas in Kentucky; 530,000 electric customers in central, southeastern, and western Kentucky; and 28,000 electric customers in 5 counties in southwestern Virginia. The company also provides electric delivery services to approximately 1.4 million customers in Pennsylvania; operates electricity distribution networks in the United Kingdom; generates electricity from coal, gas, hydro, and solar sources in Kentucky; and sells wholesale electricity to 2 municipalities in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

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