PPL Corporation (PPL) Receives ‘Analyst’ Rating

PPL Corporation (PPL) : The consensus on PPL Corporation (PPL) based on 9 analyst recommendation on the company stock is 2.78, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 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) : The most positive equity analysts on PPL Corporation (PPL) expects the shares to touch $42, whereas, the least positive believes that the stock will trade at $36 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $38.75 with an expected fluctuation of $2.27 from the mean.


Also, Brokerage firm Argus Research maintains its rating on PPL Corporation (NYSE:PPL). As per the latest information, the brokerage house lowers the price target to $41 per share from a prior target of $45. The shares have been rated Buy. The rating by the firm was issued on September 9, 2016.

PPL Corporation (NYSE:PPL): After opening at $34.11, the stock dipped to an intraday low of $33.98 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $34.74 and the buying power remained strong till the end. The stock closed at $34.68 for the day, a gain of 1.61% for the day session. The total traded volume was 4,853,534. The stocks close on the previous trading day was $34.13.

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.

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