# PPL Corporation  Share Price Target ‘$29.42’, now 6.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/ppl-corporation-share-price-target-29.42-now-6.9-upside-potential/4121154335
- Published: 2024-05-01T13:18:53+01:00
- Author: Charlotte Edwards

**PPL Corporation** with ticker code (PPL) have now 13 market analysts covering 
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between $31.00 and $27.00 calculating the average target share price
we see $29.42. (at the time of writing). Given that the stocks previous close was
at $27.53 this now indicates there is a potential upside of 6.9%. Also worth taking
note is the 50 day moving average now sits at $26.93 and the 200 day MA is $26.04.
The total market capitalization for the company now stands at 20.26B. The stock 
price for the company is currently is currently $27.46 USD

 The potential market cap would be $21,648,594,522 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 27.46, revenue per share of $11.28
and a 2.92% return on assets.

PPL Corporation is an energy company focused on providing electricity and natural
gas in the United States. The Company, through its regulated utility subsidiaries,
delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode
Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates
electricity from power plants in Kentucky. The Company’s Kentucky Regulated segment
consists primarily of Louisville Gas and Electric Company (LG&E’s) and Kentucky 
Utilities Company (KU’s) regulated electricity generation, transmission and distribution
operations, as well as LG&E’s regulated distribution and sale of natural gas. Pennsylvania
Regulated segment includes the regulated electricity transmission and distribution
operations of PPL Electric Utilities Corporation (PPL Electric). Rhode Island Regulated
segment includes the regulated electricity transmission and distribution and natural
gas distribution operations of Rhode Island Energy (RIE).

Share on: