In a report released yesterday, Ali Agha from SunTrust Robinson reiterated a Buy rating on PPL Corp (PPL), with a price target of $34. The company’s shares closed yesterday at $28.91.
According to TipRanks.com, Agha is a 4-star analyst with an average return of 8.4% and a 67.3% success rate. Agha covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, American Electric Power, and Edison International.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PPL Corp with a $33.75 average price target.
See today’s analyst top recommended stocks >>
PPL Corp’s market cap is currently $20.81B and has a P/E ratio of 13.70. The company has a Price to Book ratio of 1.77.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
