Evercore ISI Reaffirms Their Hold Rating on PPL Corp (PPL)

In a report released yesterday, Greg Gordon from Evercore ISI reiterated a Hold rating on PPL Corp (PPL), with a price target of $31.25. The company’s shares opened today at $29.76.

Gordon commented:

“Weather and share dilution partly offset the Y/Y increase by -$0.05 / -$0.02, respectively.”

Gordon has an average return of 1.7% when recommending PPL Corp.

According to TipRanks.com, Gordon is ranked #952 out of 5229 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for PPL Corp with a $31.21 average price target, which is a 4.9% upside from current levels. In a report released yesterday, Merrill Lynch also upgraded the stock to Hold with a $30 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $32.89 and a one-year low of $27.31. Currently, PPL Corp has an average volume of 4.36M.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts