Among the total 15 analysts covering PPL Corporation, nine recommend the stock as a “hold” while two recommend it as a “strong buy.” Three analysts rate it as a “buy” while one analyst recommends it as a “sell” as of February 16.
According to Wall Street analysts, PPL has a mean price target of $35.3 against its current market price of $30.7, which indicates an estimated upside of nearly 15% in a year.
Peer price targets
- The Georgia-based Southern Company (SO) has a mean price target of $48.10, which implies a potential gain of 8% over the next 12 months. It’s currently trading at $44.6.
- Duke Energy (DUK) stock has an estimated upside of ~12% for the next 12 months. Duke Energy, the second-largest utility, has a mean target price of $85.7, compared to its current market price of $76.2. The company plans to report its quarterly earnings on February 20. To learn more, see Duke Energy’s Expected 4Q17 Earnings and Outlook.
- Xcel Energy (XEL) stock has a mean target price of $47.2, which indicates an upside potential of 7%. Currently, Xcel Energy is trading at $44.2. Xcel Energy reported its quarterly results last week. See Here’s What Drove Xcel Energy’s 4Q17 Revenues.