Evercore ISI Downgrades PPL Corp (PPL) to Hold


In a report released today, Greg Gordon from Evercore ISI downgraded PPL Corp (PPL) to Hold. The company’s shares opened today at $30.54.

Gordon has an average return of 1.1% when recommending PPL Corp.

According to TipRanks.com, Gordon is ranked #1227 out of 5153 analysts.

Currently, the analyst consensus on PPL Corp is a Hold with an average price target of $31.

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The company has a one-year high of $32.46 and a one-year low of $25.30. Currently, PPL Corp has an average volume of 5.65M.

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PPL Corp. is a utility holding company, which engages in the generation, transmission, and distribution of electricity. It operates through the following segments: U.K. Regulated, Kentucky Regulated, and Pennsylvania Regulated. The U.K. Regulated segment includes regulated electricity distribution operations of Western Power Distribution.

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