Post by
TheBridge on Jul 13, 2023 10:05am
Analysts
It wasn't that long ago that there were a significant number of analysts that had targeted PPL reaching into the $50 range. Why aren't they round explaining why the share price is just hanging on at the $40 level currently?
Comment by
Ariahp on Jul 13, 2023 6:33pm
Excellent question. When the sun is shining,these analyst like to get a sun tan As soon as it rains, they run away likes rats. Yes i would like an answer, what is the reason for the stock to be so low inspite of oil prices moving higher by the day?
Comment by
FairMount on Jul 13, 2023 9:28pm
PPL, like ENB and others, are steady div stocks. Many institutions own it for div. Its share price is to some degree affected by energy price (positively) and bond market (negatively). With easying inflation, bond yields are down and PPL div starts to become attractive.
Comment by
Ariahp on Jul 13, 2023 6:40pm
Analysts are scumbags. They change their minds depending on the direction of wind. Most often their analysis are self serving. If they hit the projected price mark they get big bonus. Rats is what they are.
Comment by
autofocus111 on Jul 13, 2023 6:41pm
Generally best to just ignore them and rely on your own due diligence imo.
Comment by
stockmarket1 on Jul 13, 2023 11:10pm
All you have to do is watch BNN market call to see how often they are wrong. Their top picks are mainly in the red.
Comment by
mrbb on Jul 15, 2023 3:32pm
i had cable tv mainly to watch BNN. Hence why i had cancelled my cable subscription and threw out my TV 22 years ago