PPL Corporation – Consensus shows upside potential of 11.1%

PPL Corporation with ticker code (PPL) now have 11 analysts covering the stock. The analyst consensus suggests a “Buy” rating. The range between the high target price and the low target price is between 33 and 30 and has an average target price of 31.41. With the previous market close at 28.26, this indicates a potential upside of 11.1%. The 50-day MA is 28.79 and the 200-day moving average now moves to 28.34. The company’s market capitalization is $ 21,736 million. More information is available at: http://www.pplweb.com

PPL Corporation, a utility holding company, supplies power and natural gas to the US and UK. The company operates in three segments: UK Regulated, Kentucky Regulated and Pennsylvania Regulated. It serves approximately 425,000 electricity and 332,000 gas customers in Louisville and adjacent areas of Kentucky; 536,000 electricity customers in central, southeastern, and western Kentucky; and 28,000 electricity customers in five counties in southwest Virginia. The company also provides electrical delivery services to approximately 1.4 million Pennsylvania customers; operates electricity distribution networks in the UK; generates electricity from coal, gas, water, and solar sources in Kentucky; and sells wholesale power to two Kentucky communities. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.