PPL Corp
PPL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| MB> | LOCK|c!DQC | LOCK|%bL#<Q |
PPL's Regulated US Utility Model Good for Investors
Business Strategy and Outlook
We expect PPL to invest $23 billion at its utilities through 2028. These regulated utility growth opportunities support our expectations for 7% average annual earnings growth, in line with management's 6%-8% earnings growth target.
