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Analysts Are Bullish on These Utilities Stocks: PPL (PPL), Vistra Corp (VST)

Tipranks - Tue Apr 14, 9:30AM CDT

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on PPL (PPL) and Vistra Corp (VST) with bullish sentiments.

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PPL (PPL)

Jefferies analyst Paul Zimbardo CFA reiterated a Buy rating on PPL today and set a price target of $48.00. The company’s shares closed last Monday at $39.99.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 6.8% and a 58.2% success rate. CFA covers the Utilities sector, focusing on stocks such as Edison International, Eversource Energy, and Entergy. ;'>

Currently, the analyst consensus on PPL is a Moderate Buy with an average price target of $42.78, implying a 7.2% upside from current levels. In a report issued on April 2, Bank of America Securities also maintained a Buy rating on the stock with a $43.00 price target.

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Vistra Corp (VST)

BMO Capital analyst James Thalacker reiterated a Buy rating on Vistra Corp today and set a price target of $241.00. The company’s shares closed last Monday at $156.40.

According to TipRanks.com, Thalacker is a top 100 analyst with an average return of 15.4% and a 74.8% success rate. Thalacker covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

Vistra Corp has an analyst consensus of Strong Buy, with a price target consensus of $231.22.

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