
Analysts’ Views on and Targets for PPL Corporation
By Vineet KulkarniUpdated
Analysts’ price targets
According to analysts’ consensus estimate, PPL Corporation (PPL) stock offers an attractive potential upside of 13% over the next year, and its mean target price is $32.33. Currently, PPL stock is trading at $28.65.
Among the 15 analysts tracking PPL, two have recommended “strong buys” on the stock, four have recommended “buys,” eight have recommended “holds,” and one has recommended a “sell” as of May 4.
Peers’ target prices
Xcel Energy (XEL) stock has a mean target price of $47.83 compared to its current market price of $46.48, which indicates a potential upside of 2.9% for it over the next 12 months. SunTrust Robinson Humphrey raised Xcel Energy’s target price from $44.0 to $45.0 last week.
Georgia-based Southern Company (SO) offers a potential upside of 1.2% over the next year. Analysts have given it a mean target price of $46.83, and it’s currently trading at $46.26. Read all you need to know about Southern Company’s dividend profile in Southern Company Raised Dividend for 17th Consecutive Year.
For a comparison of the top utilities’ (XLU) dividend profiles, read Analyzing the Biggest S&P 500 Utilities’ Dividend Profiles.