PPL Corp
PPL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| QDK | LOCK|tk^YV | LOCK|hrKS&W^ |
Fully Regulated PPL Set to Achieve Earnings Expectations
Business Strategy and Outlook
We expect PPL to spend $12 billion at its U.S. utilities through 2026. These regulated utility growth opportunities support our expectations for 7% annual earnings growth, in line with management's 6%-8% earnings growth target.
