Shares of PPL Co. (NYSE:PPL – Get Free Report) have received an average recommendation of “Moderate Buy” from the ten brokerages that are presently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $32.36.
Several equities research analysts have recently issued reports on the stock. StockNews.com raised shares of PPL from a “sell” rating to a “hold” rating in a research report on Friday, May 10th. Mizuho upped their price objective on PPL from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, May 2nd. Wells Fargo & Company raised their target price on PPL from $30.00 to $32.00 and gave the stock an “overweight” rating…
