Morningstar - PPL Corporation (PPL) Shift Attention Away From Interest Rates to Find Top Utilities Picks

Report

Morningstar

Andrew Bischof

EUR 100.00 For Business Accounts Only

Shift Attention Away From Interest Rates to Find Top Utilities Picks

U.S. utilitiesÂ now trade near fair value for the first time since 2015 after underperforming the S&P 500 by 14 percentage points since November. Although rising rates have pressured the sector in the short run, our analysis suggests long-term utilities investors should put interest-rate worries aside and focus on utilities' fundamental yield, growth, and valuation.Â
In the short run, the road for utilities could be bumpy as rising interest rates shrink the dividend yield premium utilities in...

07/09/2018 13 EN

Underlying

PPL Corporation

PPL is a utility holding company. Through its regulated utility subsidiaries, the company delivers electricity to customers in United Kingdom, Pennsylvania, Kentucky, and Virginia; delivers natural gas to customers in Kentucky; and generates electricity from power plants in Kentucky. The company's segments are: United Kingdom Regulated, which has regulated electricity distribution operations in United Kingdom; Kentucky Regulated, which is engaged in the regulated generation, transmission, distribution and sale of electricity in Kentucky and Virginia, and the distribution and sale of natural gas in Kentucky; and Pennsylvania Regulated, which delivers electricity in eastern and central Pennsylvania.

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US69351T1060 New York Stock Exchange United States

Provider

Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

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Analysts

Andrew Bischof

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Shift Attention Away From Interest Rates to Find Top Utilities Picks

PPL Corp: 4 directors

Vermilion Compass: Weekly Equity Strategy

Vermilion Compass: Weekly Equity Strategy

Business as Usual for No-Moat Lonza; Specialty Ingredients Carve-Out on Track for 2020

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

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