Ppl Corporation | PPL

Daily Technical Analysis of Ppl Corporation

There wasn't too much excitement in Ppl today which only managed to move up 0.19% on the day. It looks like PPL may be interacting with a slightly angled resistance line. This area could represent a pivot point. In addition to being near an angled resistance line PPL is near a weak resistance line. If there isn't strong buying pressure the price might bounce off and move back down, but it can always break through and move up. Ppl has been drifting up over the last few months, we'll see if it has the energy to break through or if buyers decide to take profit.

If it breaks through the resistance level, we aren't seeing any clear resistance points beyond that. So it may have plenty of room to work up from there. If the price does in fact bounce off here, it might find nearest support down at the $33.81 level, hard to say where it will go from there though.

Analyst Ratings for Ppl By Price Target And Rating

The analysts are pretty neutral on PPL right now, so not much useful information here. The current Analysts Sentiment Score is 0.98. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Royal Bank of Canada announced that they are reiterating a rating of Outperform on 2024-02-21 and added a price target of $30.00. Wells Fargo & Company dropped their price target by -6.25% to $30.00 on 2024-02-20. On 2024-01-22 Barclays increased their price target by 8% to $27.00. BMO Capital Markets reiterated a rating of Outperform on 2023-12-20 and provided a price target of $52.00. Morgan Stanley gave a boost to their price target and moved to $30.00 from $28.00 on 2023-11-21. Guggenheim dropped their price target by -12.9% to $27.00 on 2023-10-09. Citigroup initiated a rating of Neutral on 2023-10-05 and provided a price target of $42.00. UBS Group downgraded from Buy to Neutral on 2023-10-04 and they lowered their price target by -13.79% to $25.00 from a previous target of $29.00. Mizuho announced a lowering of their price target to $28.00 from $32.00 on 2023-03-20.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for PPL

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for PPL

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.