Stock Rating Upgrade
In the last week the Value Trend Rating for PPL Corp (NYSE: PPL) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
PPL Corp (NYSE: PPL) stock increased 1.6% on 9/13/24. The shares closed at $32.46. This advance was accompanied by normal trading volume. The stock has been strong relative to the market over the last nine months and has risen 1.0% during the last week.
Current PriceTarget Research Rating
PPL is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
PPL has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. PPL has a neutral Appreciation Score of 53 but a good Power Rating of 75, leading to the Positive Value Trend Rating.
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