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Analysts Offer Insights on Utilities Companies: PPL (PPL) and American Water (AWK)

Tipranks - Sun Apr 19, 7:20AM CDT

Analysts fell to the sidelines weighing in on PPL (PPL) and American Water (AWK) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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PPL (PPL)

BMO Capital analyst James Thalacker maintained a Hold rating on PPL yesterday and set a price target of $63.00. The company’s shares closed last Friday at $39.02.

According to TipRanks.com, Thalacker is a 5-star analyst with an average return of 15.0% and a 73.6% success rate. Thalacker covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PPL with a $44.42 average price target.

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American Water (AWK)

In a report released yesterday, Jeremy Tonet from J.P. Morgan maintained a Hold rating on American Water, with a price target of $138.00. The company’s shares closed last Friday at $131.61.

According to TipRanks.com, Tonet is a 5-star analyst with an average return of 9.7% and a 62.6% success rate. Tonet covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for American Water with a $135.25 average price target, which is a 4.4% upside from current levels. In a report issued on April 2, TipRanks – xAI also reiterated a Hold rating on the stock with a $146.00 price target.

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