PPL Corporation (PPL) : The consensus on PPL Corporation (PPL) based on 10 analyst recommendation on the company stock is 2.6, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
PPL Corporation (PPL) : 7 Wall Street analysts covering PPL Corporation (PPL) believe that the average level the stock could reach for the short term is $38.79. The maximum price target given is $42 and the minimum target for short term is around $34, hence the standard deviation is calculated at $3.
Company shares have received an average consensus rating of Hold for the current week PPL Corporation (NYSE:PPL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.04 and $35.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.41. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.40, notching a gain of 1.03% for the day. The total traded volume was 4,332,961 . The stock had closed at $36.03 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Bergstein Joseph P Jr, officer (VP-IR and Treasurer) of Ppl Corp, had unloaded 1,581 shares at an average price of $37.06 in a transaction dated on July 8, 2016. The total value of the transaction was worth $58,592.
PPL Corporation (PPL) is an energy and utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky; generates electricity from power plants in the northeastern, northwestern and southeastern United States, and markets wholesale or retail energy in the northeastern and northwestern parts of the United States. PPL operates in four segments: The U.K. Regulated Segment comprising PPL Global comprising WPD Ltds (WPD) regulated electricity distribution operations; Kentucky Regulated segment comprising the operations of LG&E and KU Energy LLC, which owns and operates regulated public utilities; the Pennsylvania Regulated segment comprising PPL Electric Utilities Corporations operations, and the Supply segment comprising the activities of PPL Energy Supply, LLCs subsidiaries.