Company Update: PPL Corporation (NYSE:PPL) – Beyond the Chart, What Price Data Reveals — Complementary Research on PPL Corp., Allstate, Signet Jewelers and Harris

[Accesswire] – NEW YORK, N / ACCESSWIRE / February 8, 2016 / Moments ago, Trader’s Choice released new research updates concerning several important developing situations including the following equities: PPL Corp. (NYSE: … Read more on this. PPL Corporation (PPL) , with a current value of $24.20B, began trading this morning at $35.77. Today’s price range has been between $35.76 and $36.41 per share and has traded between $29.18 and $37.23 over the past 12 months. Priced at 15.52x this year’s forecasted earnings, PPL shares are relatively expensive compared to the industry ’s 8.46x forward p/e ratio. And for income investors, the company pays shareholders $1.52 per share annually in dividends, yielding 4.20%. In a review of the consensus earnings estimate this quarter, 8 sell-side analysts are looking at $0.73 per share, which would be $0.04 worse than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $2.33, which would be a $0.12 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.36 Billion. If realized, that would be a 25.32% decrease over the year-ago quarter. Recently, Deutsche Bank downgraded PPL from Buy to Hold (Feb 5, 2016). Previously, Deutsche Bank upgraded PPL from Hold to Buy. The average price target for PPL shares is $37.69, which is 5.37% above where the stock opened this morning. See more in (NYSE:PPL) Similar Articles: Market Update: PPL Corporation (NYSE:PPL) – Market Updates on Electric Utilities Stocks — The AES Corp., Southern, PPL Corp., and Calpine Stock Update (NASDAQ:PCLN): Beyond the Chart, What Price Data Reveals – Research on Priceline Group, bluebird bio, Cheniere Energy and Biogen Stock Update (NYSE:PPL): PPL Corporation to Present at the Wolfe Research Power and Gas Leaders Conference