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PPL ( (PPL) ) has provided an announcement.
On August 13, 2025, Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) issued $700 million each in First Mortgage Bonds due 2055, with an interest rate of 5.850%. These bonds are secured by liens on the companies’ real and tangible personal property in Kentucky, used for electricity and natural gas operations. The proceeds will be used to repay existing bonds, short-term debt, and for general corporate purposes.
The most recent analyst rating on (PPL) stock is a Buy with a $36.00 price target. To see the full list of analyst forecasts on PPL stock, see the PPL Stock Forecast page.
Spark’s Take on PPL Stock
According to Spark, TipRanks’ AI Analyst, PPL is a Outperform.
PPL’s overall stock score reflects strong financial performance and strategic initiatives, particularly in infrastructure investments and partnerships. However, the high P/E ratio and cash flow challenges slightly temper the positive outlook.
To see Spark’s full report on PPL stock, click here.
More about PPL
Average Trading Volume: 5,948,761
Technical Sentiment Signal: Buy
Current Market Cap: $27.29B
For an in-depth examination of PPL stock, go to TipRanks’ Overview page.