Press coverage about PPL (NYSE:PPL) has been trending somewhat positive on Monday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PPL earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned headlines about the utilities provider an impact score of 46.0062463128843 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
A number of equities research analysts recently issued reports on the company. ValuEngine upgraded PPL from a “hold” rating to a “buy” rating in a research note on Thursday, January 11th. SunTrust Banks set a $37.00 price objective on PPL and gave the company a “buy” rating in a research note on Monday. Canaccord Genuity restated a “buy” rating and issued a $48.00 price objective on shares of PPL in a research note on Thursday, November 30th. KeyCorp restated a “hold” rating on shares of PPL in a research note on Friday, October 20th. Finally, TheStreet cut PPL from a “b-” rating to a “c+” rating in a research note on Thursday, January 18th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $37.95.
Shares of PPL (NYSE PPL) traded up $0.40 on Monday, hitting $30.46. The stock had a trading volume of 6,192,598 shares, compared to its average volume of 6,510,000. PPL has a 12-month low of $29.20 and a 12-month high of $40.20. The company has a market capitalization of $20,970.00, a PE ratio of 13.78, a PEG ratio of 1.85 and a beta of 0.46. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.48 and a current ratio of 0.56.
In other news, SVP Joanne H. Raphael sold 5,045 shares of the company’s stock in a transaction dated Tuesday, January 23rd. The stock was sold at an average price of $31.60, for a total transaction of $159,422.00. Following the sale, the senior vice president now directly owns 24,080 shares in the company, valued at $760,928. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Gregory N. Dudkin sold 9,320 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $31.67, for a total value of $295,164.40. Following the sale, the insider now owns 25,940 shares in the company, valued at $821,519.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 44,163 shares of company stock worth $1,395,587. Company insiders own 0.40% of the company’s stock.
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PPL Company Profile
PPL Corporation (PPL) is a utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky, and generates electricity from power plants in Kentucky. PPL operates through U.K.
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