Can analysts adopt a bullish outlook for PPL Corporation (NYSE:PPL)?

September 15, 2018 - By Jason Dias

PPL Corporation (NYSE:PPL) LogoInvestors sentiment increased to 1.21 in 2018 Q2. Its up 0.47, from 0.74 in 2018Q1. It increased, as 48 investors sold PPL Corporation shares while 190 reduced holdings. 61 funds opened positions while 227 raised stakes. 542.38 million shares or 12.34% more from 482.80 million shares in 2018Q1 were reported.
Jnba Advsr reported 0% in PPL Corporation (NYSE:PPL). Riggs Asset Managment accumulated 3,074 shares or 0.04% of the stock. Carnegie Cap Asset Mngmt Ltd, a Ohio-based fund reported 21,384 shares. Cibc World Mkts reported 0.06% in PPL Corporation (NYSE:PPL). Envestnet Asset Management owns 134,197 shares or 0.01% of their US portfolio. Hussman Strategic Advisors holds 0.01% of its portfolio in PPL Corporation (NYSE:PPL) for 1,000 shares. Meritage Mngmt invested in 133,585 shares. Sage Finance Group Incorporated holds 0% or 500 shares. Retirement System Of Alabama has 0.14% invested in PPL Corporation (NYSE:PPL). Huntington Retail Bank invested 0.02% in PPL Corporation (NYSE:PPL). Focused Wealth has 0.07% invested in PPL Corporation (NYSE:PPL). Cetera Advisor Net holds 0.05% of its portfolio in PPL Corporation (NYSE:PPL) for 32,854 shares. Tortoise Capital Ltd Liability Corporation reported 0% stake. Geode Management Ltd Liability holds 9.23M shares or 0.08% of its portfolio. California State Teachers Retirement Sys owns 1.17 million shares or 0.07% of their US portfolio.

PPL Corporation (NYSE:PPL) Ratings Coverage

Among 4 analysts covering PPL (NYSE:PPL), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. PPL had 6 analyst reports since June 8, 2018 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, July 16. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, June 13. As per Wednesday, August 8, the company rating was downgraded by Deutsche Bank. The stock of PPL Corporation (NYSE:PPL) has “Equal-Weight” rating given on Tuesday, September 11 by Morgan Stanley. The stock of PPL Corporation (NYSE:PPL) has “Buy” rating given on Friday, June 8 by UBS. Below is a list of PPL Corporation (NYSE:PPL) latest ratings and price target changes.

11/09/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $29 New Target: $30 Maintain
23/08/2018 Broker: Citigroup Rating: Neutral New Target: $30 Initiates Coverage On
08/08/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Hold Downgrade
16/07/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $28 New Target: $29 Maintain
13/06/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $29 New Target: $28 Maintain
08/06/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $37 New Target: $34 Maintain

The stock decreased 0.36% or $0.11 during the last trading session, reaching $30.16. About 3.04 million shares traded. PPL Corporation (NYSE:PPL) has declined 22.86% since September 15, 2017 and is downtrending. It has underperformed by 38.48% the S&P500.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. The company has market cap of $21.10 billion. The firm operates in three divisions: U.K. It has a 14.96 P/E ratio. Regulated, Kentucky Regulated, and Pennsylvania Regulated.

More recent PPL Corporation (NYSE:PPL) news were published by: Seekingalpha.com which released: “September 2018 Stock Considerations” on September 14, 2018. Also Seekingalpha.com published the news titled: “PPL Corporation Provides A Reliable And High Dividend Yield” on August 21, 2018. Investorplace.com‘s news article titled: “3 Big Stock Charts for Friday: Comcast, Lockheed Martin and PPL” with publication date: September 14, 2018 was also an interesting one.

PPL Corporation (NYSE:PPL) Institutional Positions Chart

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