Analysts’ target price
According to Wall Street analysts’ estimates, PPL Corporation (PPL) has a mean target price of $37.8—compared to its current market price of $32.4. It has the potential to gain ~17% going forward.
Among the 14 analysts tracking PPL, two analysts recommended a “strong buy,” one analyst recommended a “buy,” ten analysts recommended a “hold,” and one analyst recommended a “sell” as of December 20, 2017.
Peers’ target prices
Duke Energy (DUK) stock has a mean target price of $88.5—compared to its current market price of $85.0. It indicates a gain potential of more than 4% in Duke Energy stock going forward.
According to Wall Street analysts’ consensus, Xcel Energy (XEL) has a mean target price of $50.6. It implies a possible gain of 2.6% from its current price of $49.3.
PPL’s epic fall increased its dividend yield in the last few trading sessions. At 4.9%, it’s one of the highest yielding stocks among the S&P 500 Utilities. To learn more about its dividend profile, read Comparing PPL’s Dividend Yield with Its Peers.
To learn how US utilities (XLU) are placed for the future as we enter 2018, read An Investor’s Guide: A Look at the 10 Largest S&P 500 Utilities.