PPL Likely To Post Higher Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

PPL Corporation PPL is expected to report its second quarter financial results, before the opening bell on Aug. 4, 2023.

Analysts expect the company to post quarterly earnings at 32 cents per share, up from year-ago earnings of 30 cents per share. The company’s revenue might come in at $1.27 billion.

PPL shares fell 2.6% to close at $26.63 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Guggenheim analyst Shahriar Pourreza maintained a Buy rating and cut the price target from $34 to $31 on July 7, 2023. This analyst has an accuracy rate of 64%.
• Mizuho analyst Anthony Crowdell maintained a Neutral rating and increased the price target from $30 to $32 on Jan. 12, 2023. This analyst has an accuracy rate of 65%.
• Wells Fargo analyst Neil Kalton maintained an Overweight rating and cut the price target from $34 to $30 on Oct. 19, 2022. This analyst has an accuracy rate of 71%.
• Seaport Global analyst Angie Storozynski upgraded the stock from Neutral to Buy with a price target of $28.5 on Oct. 6, 2022. This analyst has an accuracy rate of 76%.
• B of A Securities analyst Julien Dumoulin-Smith upgraded the stock from Neutral to Buy and raised the price target from $29 to $33 on Aug. 15, 2022. This analyst has an accuracy rate of 69%.

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