In Tuesday’s Wall Street session, PPL Corp (NYSE:PPL) shares traded at $34.89, down -0.37% from the previous session.
PPL stock price is now -0.86% away from the 50-day moving average and 4.44% away from the 200-day moving average. The market capitalization of the company currently stands at $25.79B.
With the price target of $36, BMO Capital Markets recently initiated with Outperform rating for PPL Corp (NYSE: PPL). On October 25, 2024, JP Morgan recently initiated its ‘Overweight’ rating on the stock quoting a target price of $37, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Martin Christine M, President of a PPL Subsidiary sold 1,146 shares of the company’s stock on Feb 28 ’25. The stock was sold for $39,858 at an average price of $34.78. Upon completion of the transaction, the President of a PPL Subsidiary now directly owns 37,167 shares in the company, valued at $1.3 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 28 ’25, Officer Martin Christine M bought 1,146 shares of the business’s stock. A total of $39,858 was incurred on buying the stock at an average price of $34.78. A total of 0.14% of the company’s stock is owned by insiders.
During the past 12 months, PPL Corp has had a low of $27.24 and a high of $36.70. As of last week, the company has a debt-to-equity ratio of 1.21, a current ratio of 0.81, and a quick ratio of 0.68.
The net profit margin was 11.45% and return on equity was 7.00% for PPL.
