PPL, Xcel Energy and American Electric Power are included in this Analyst Blog.
Despite PPL's rising estimates and systematic expenditure to strengthen operations, our suggestion for investors is to wait and look for a better entry point, as the stock is trading at a premium.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
In the most recent trading session, PPL (PPL) closed at $34.16, indicating a +1.85% shift from the previous trading day.
PPL (PPL) reachead $36.23 at the closing of the latest trading day, reflecting a +0.28% change compared to its last close.
In the most recent trading session, PPL (PPL) closed at $36.06, indicating a -0.14% shift from the previous trading day.
PPL (PPL) reachead $34.60 at the closing of the latest trading day, reflecting a +1.53% change compared to its last close.
PPL stock is likely to continue benefiting from constructive regulatory jurisdiction, stable capital investment and rising demand in its service territories.
PPL (PPL) reachead $34.99 at the closing of the latest trading day, reflecting a +0.49% change compared to its last close.
In the closing of the recent trading day, PPL (PPL) stood at $34.15, denoting a +0.53% change from the preceding trading day.
PPL is benefiting from rising demand in its service territories, yet our suggestion for investors is to wait and look for a better entry point as the stock is trading at a premium.
Although the revenue and EPS for PPL (PPL) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.