JP Morgan initiated coverage on PPL Corp with a new price target
$PPL
Electric Utilities: Central
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JP Morgan initiated coverage of PPL Corp with a rating of Overweight and set a new price target of $37.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2024 | $37.00 | Overweight | JP Morgan |
| 9/20/2024 | $38.00 | Buy | Jefferies |
| 3/8/2024 | $30.00 | Hold → Buy | Argus |
| 10/4/2023 | $29.00 → $25.00 | Buy → Neutral | UBS |
| 8/23/2023 | $26.00 | Equal Weight | Barclays |
| 12/15/2022 | $32.00 | Equal-Weight → Overweight | Morgan Stanley |
| 10/6/2022 | $28.50 | Neutral → Buy | Seaport Research Partners |
| 8/15/2022 | $29.00 → $33.00 | Neutral → Buy | BofA Securities |
SC 13G/A - PPL Corp (0000922224) (Subject)
SC 13G/A - PPL Corp (0000922224) (Subject)
SC 13G/A - PPL Corp (0000922224) (Subject)
4 - PPL Corp (0000922224) (Issuer)
4 - PPL Corp (0000922224) (Issuer)
4 - PPL Corp (0000922224) (Issuer)
Announces 2024 third-quarter reported earnings (GAAP) per share of $0.29.Achieves 2024 third-quarter ongoing earnings per share of $0.42 vs. $0.43 in 2023.Narrows 2024 ongoing earnings forecast range to $1.67 to $1.73 per share and increases midpoint to $1.70 per share. Reaffirms projected annual earnings per share and dividend growth of 6% to 8% through at least 2027.ALLENTOWN, Pa., Nov. 1, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) today announced third-quarter 2024 reported earnings (GAAP) of $214 million, or $0.29 per share, compared with third-quarter 2023 reported earnings of $230 million, or $0.31 per share.
ALLENTOWN, Pa., Oct. 11, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) will release consolidated third-quarter 2024 earnings results on Friday, Nov. 1. Vincent Sorgi, PPL president and chief executive officer, and other members of PPL's executive team will discuss quarterly results and the company's general business outlook during a conference call with financial analysts that will begin at 11 a.m. Eastern Time. The call will be webcast live, in audio format, along with slides of the presentation. Interested individuals can access the webcast link at www.pplweb.com/investors
ALLENTOWN, Pa., Aug. 23, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) declared a quarterly common stock dividend on Friday, Aug. 23, 2024, of $0.2575 per share, payable Oct. 1, 2024, to shareowners of record as of Sept. 10, 2024. About PPLPPL Corporation (NYSE:PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.5 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, m
Research, funded by a DOE grant, will build on initial study to further assess feasibility for new nuclear at company sites should technology become commercially viableLOUISVILLE, Ky., June 26, 2024 /PRNewswire/ -- As part of an ongoing effort to evaluate all options for future replacement of aging generation, and to better support energy-intensive customers with zero-carbon objectives, PPL Corporation subsidiaries Louisville Gas and Electric Company and Kentucky Utilities Company will build on an earlier assessment of nuclear feasibility at the site of an existing Kentucky coal-fired power plant by exploring additional locations and partnerships that could support nuclear energy in the comm
Morgan Stanley analyst David Arcaro maintains PPL (NYSE:PPL) with a Overweight and lowers the price target from $32 to $31.
Morgan Stanley analyst David Arcaro maintains PPL (NYSE:PPL) with a Overweight and raises the price target from $30 to $32.
8-K - PPL Corp (0000922224) (Filer)
10-Q - PPL Corp (0000922224) (Filer)
8-K - PPL Corp (0000922224) (Filer)
JP Morgan initiated coverage of PPL Corp with a rating of Overweight and set a new price target of $37.00
Jefferies initiated coverage of PPL Corp with a rating of Buy and set a new price target of $38.00
Argus upgraded PPL Corp from Hold to Buy and set a new price target of $30.00
Announces 2024 third-quarter reported earnings (GAAP) per share of $0.29.Achieves 2024 third-quarter ongoing earnings per share of $0.42 vs. $0.43 in 2023.Narrows 2024 ongoing earnings forecast range to $1.67 to $1.73 per share and increases midpoint to $1.70 per share. Reaffirms projected annual earnings per share and dividend growth of 6% to 8% through at least 2027.ALLENTOWN, Pa., Nov. 1, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) today announced third-quarter 2024 reported earnings (GAAP) of $214 million, or $0.29 per share, compared with third-quarter 2023 reported earnings of $230 million, or $0.31 per share.
Utilities' IRP filing models scenarios and addresses increase in load LOUISVILLE, Ky., Oct. 18, 2024 /PRNewswire/ -- Kentucky has seen unprecedented economic growth in recent years that, fortunately, thanks to an interest in data centers and other economic development activity, doesn't appear to be slowing down. As a result, Louisville Gas and Electric Company and Kentucky Utilities Company are forecasting in their Integrated Resource Plan (IRP) filed with the Kentucky Public Service Commission (KPSC) today the need for additional generation due to the expected influx of data
ALLENTOWN, Pa., Oct. 11, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) will release consolidated third-quarter 2024 earnings results on Friday, Nov. 1. Vincent Sorgi, PPL president and chief executive officer, and other members of PPL's executive team will discuss quarterly results and the company's general business outlook during a conference call with financial analysts that will begin at 11 a.m. Eastern Time. The call will be webcast live, in audio format, along with slides of the presentation. Interested individuals can access the webcast link at www.pplweb.com/investors
ALLENTOWN, Pa., Feb. 14, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) today announced that Dean A. Del Vecchio has been elected Executive Vice President and Chief Technology and Innovation Officer, a new position that reflects PPL's strong focus on creating technology-enabled utilities of the future. Del Vecchio will report directly to PPL President and Chief Executive Officer Vincent Sorgi. "Today's appointment of Dean comes at a pivotal time for our industry and the world," said Sorgi. "The global energy landscape is shifting dramatically and demands a new kind of utility
ALLENTOWN, Pa., Feb. 2, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) announced today that the company's 2024 Annual Meeting of Shareowners will be held virtually. The Annual Meeting will convene live via the internet on Wednesday, May 15, 2024, at 9 a.m. Eastern time. Shareowners of record as of Feb. 28, 2024, are eligible to vote and participate in the Annual Meeting. Instructions on how to join the meeting will be included in proxy materials that will be provided to shareowners. About PPL PPL Corporation (NYSE:PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.5
ALLENTOWN, Pa., May 17, 2023 /PRNewswire/ -- PPL Corporation (NYSE:PPL) is strategically repositioned for top-tier earnings and dividend growth, bolstered by one of the strongest balance sheets in the U.S. utility sector, focused on executing its utility-of-the-future strategy, and intent on becoming the best utility company in the nation, PPL President and Chief Executive Officer Vince Sorgi told shareowners at the company's 2023 virtual annual meeting. "Our acquisition of Rhode Island Energy nearly a year ago and the sale of our U.K. utility business in June 2021 have significantly shifted PPL's future and strategically repositioned the company for long-term growth and success," said Sorgi