PPL Corp
PPL: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$56.00 | Czdyrk | Gmnhmbjy |
PPL's Focus on Regulated Utilities Benefits Investors
Business Strategy and Outlook
We expect PPL to invest more than $17 billion at its utilities through 2028. These regulated utility growth opportunities support our expectations for 7% annual earnings growth, in line with management's 6%-8% earnings growth target.