PPL Corp
PPL: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$56.00 | Ggqyqbp | Qndkyyt |
Regulated Investments Support PPL's Growth
Business Strategy and Outlook
We expect PPL to spend more than $15 billion at its U.S. utilities through 2027. These regulated utility growth opportunities support our expectations for 7% annual earnings growth, in line with management's 6%-8% earnings growth target.