PPL - PPL Corporation: A Bright Outlook And Good Entry Point Buy

2024-04-03 04:30:05 ET

Summary

• PPL Corporation has underperformed the S&P 500 by 27.43% in the past year, but I am bullish on the stock in the long term.
• The company has a robust regulatory structure and diverse utility operations, which are competitive advantages.
• I recommend the stock to potential investors at its current price, with a price target of $40 and an upside potential of 45.45%.

Investment Thesis

PPL Corporation ( PPL ) is down about 0.29% underperforming the S&P 500 by a margin of about 27.43% over the last year.

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