In a report released today, Ali Agha from SunTrust Robinson reiterated a Buy rating on PPL Corp (PPL), with a price target of $36. The company’s shares closed on Friday at $30.59.
According to TipRanks.com, Agha is a 5-star analyst with an average return of 10.5% and a 73.8% success rate. Agha covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, American Electric Power, and Edison International.
PPL Corp has an analyst consensus of Moderate Buy, with a price target consensus of $33.75.
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The company has a one-year high of $34.15 and a one-year low of $25.30. Currently, PPL Corp has an average volume of 5.27M.
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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.
