PPL Corp (NYSE:PPL) stock price target increased to $37.00, released a report earlier today by Zacks Investment Research
- Updated: December 1, 2016
Having a price of $33.07, PPL Corp (NYSE:PPL) traded -1.45% lower on the day. With the last close down -7.99% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. PPL Corp has recorded a 50-day average of $33.41 and a two hundred day average of $35.84. Volume of trade was down over the average, with 3,177,212 shares of PPL changing hands under the typical 4,906,510
Reporting a potential upside of 0.12%, Zacks Investment Research upped the price target of PPL Corp (NYSE:PPL) to $37.00
With a total market value of $0, PPL Corp has price-earnings ratio of 12.25 with a one year low of $32.08 and a one year high of $39.92 .
A total of 15 equity analysts have released a research note on PPL. Six equity analysts rating the company a strong buy, two equity analysts rating the company a buy, ten equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $39.00.
More About PPL Corp (NYSE:PPL)
PPL Corporation (PPL) is a 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, and generates electricity from power plants in Kentucky. It operates through three segments: U.K. Regulated Segment, Kentucky Regulated Segment and Pennsylvania Regulated Segment. The U.K. Regulated Segment comprises PPL Global, which includes PPL WPD Limited and its subsidiaries' regulated electricity distribution operations, among others. The Kentucky Regulated segment consists of the operations of LG&E and KU Energy LLC, a subsidiary of PPL, which owns and operates regulated public utilities engaged in the generation, transmission, distribution and sale of electricity and distribution and sale of natural gas. The Pennsylvania Regulated segment consists of the operations of PPL Electric Utilities Corporation, which distributes and transmits electricity.
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