PPL Corporation (PPL) retreated with the stock falling -0.73% or $-0.26 to close at $35.47 on light trading volume of 2.66M compared its three months average trading volume of 3.68M. The Allentown Pennsylvania 18101 based company operating under the Electric Utilities industry has been trending up for the last 52 weeks, with the shares price now 2.74% up for the period and up by 4.17% so far this year. With price target of $36.83 and a 11.85% rebound from 52-week low, PPL Corporation has plenty of upside potential, making it a hold with a view buy.
PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 322,000 natural gas and 403,000 electric customers in Louisville and adjacent areas in Kentucky; 543,000 customers in central, southeastern, and western Kentucky; and approximately 28,000 customers in 5 counties in southwestern Virginia, and fewer than 10 customers in Tennessee. The company also provides electric delivery services to approximately 1.4 million customers in Pennsylvania; and operates 4 electricity distribution networks in the United Kingdom, as well as delivers natural gas to customers in Kentucky; generates electricity from power plants in Kentucky; and sells wholesale electricity to 11 municipalities in Kentucky. In addition, it provides finance for the operations of PPL and subsidiaries. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.
Citigroup Inc. (C) had a active trading with around 22.35M shares changing hands compared to its three month average trading volume of 21.2M. The stock traded between $58.75 and $60.11 before closing at the price of $59.83 with 1.49% change on the day. The New York New York 10013 based company is currently trading 65.21% above its 52 week low of $36.61 and -2.64% below its 52 week high of $61.63. Both the RSI indicator and target price of and $64.61 respectively, lead us to believe that it could rise over the coming weeks.
Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.
Hilton Worldwide Holdings Inc. (HLT) saw its value decrease by -0.65% as the stock dropped $-0.38 to finish the day at a closing price of $58.47. The stock was lighter in trading and has fluctuated between $39.07-$59.76 per share for the past year. The shares, which traded within a range of $58.42 to $58.9 during the day, are up by 20.18% in the past three months and up by 18.84% over the past six months. It is currently trading 0.97% above its 20 day moving average and 3.52% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $79.13 a share over the next twelve months. The current relative strength index (RSI) reading is 60.88.The technical indicator lead us to believe there will be no major movement any time soon, hold.
Hilton Worldwide Holdings Inc., a hospitality company, owns, leases, manages, develops, and franchises hotels, resorts, and timeshare properties worldwide. The company operates through three segments: Ownership, Management and Franchise, and Timeshare. It also licenses its brands to franchisees; provides hotel management services for third parties; and markets and sells timeshare interests owned by Hilton and third parties. In addition, the company provides consumer financing, which includes interest income generated from the origination of consumer loans to finance their purchase of timeshare intervals. It operates hotels under the Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio – A Collection by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Hilton Grand Vacations, and Hampton Inn brands. As of February 1, 2017, the company had 4,900 properties with approximately 796,000 rooms in 104 countries and territories. Hilton Worldwide Holdings Inc. was founded in 1919 and is headquartered in McLean, Virginia.