Pembina Pipeline Co. (TSE:PPL – Free Report) (NYSE:PBA) – Scotiabank increased their FY2027 earnings per share estimates for Pembina Pipeline in a research note issued on Thursday, July 23rd. Scotiabank analyst R. Hope now expects that the company will post earnings of $3.22 per share for the year, up from their prior estimate of $3.21. Scotiabank currently has a “Hold” rating and a $73.00 target price on the stock. The consensus estimate for Pembina Pipeline’s current full-year earnings is $3.44 per share.
PPL has been the subject of a number of other reports. TD raised shares of Pembina Pipeline from a “hold” rating to a “buy” rating and increased their price target for the stock from C$65.00 to C$75.00 in a research report on Tuesday, May 26th. BMO Capital Markets boosted their price objective on shares of Pembina Pipeline from C$60.00 to C$63.00 in a research report on Wednesday, April 8th. Scotia upped their price objective on shares of Pembina Pipeline from C$65.00 to C$69.00 and gave the company a “sector outperform” rating in a research note on Friday, July 3rd. JPMorgan Chase & Co. increased their target price on shares of Pembina Pipeline from C$64.00 to C$67.00 in a research report on Friday, May 15th. Finally, Barclays lifted their target price on shares of Pembina Pipeline from C$63.00 to C$69.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Pembina Pipeline presently has an average rating of “Moderate Buy” and a consensus price target of C$67.00.
Pembina Pipeline Trading Up 0.6%
Shares of TSE PPL opened at C$72.08 on Friday. The firm has a market capitalization of C$41.91 billion, a PE ratio of 27.10, a PEG ratio of 1.58 and a beta of 0.27. Pembina Pipeline has a one year low of C$48.74 and a one year high of C$72.39. The company has a current ratio of 0.83, a quick ratio of 0.50 and a debt-to-equity ratio of 82.35. The business has a 50-day moving average price of C$67.65 and a two-hundred day moving average price of C$62.16.
Pembina Pipeline (TSE:PPL – Get Free Report) (NYSE:PBA) last posted its quarterly earnings results on Thursday, May 7th. The company reported C$0.81 earnings per share for the quarter. The firm had revenue of C$2.11 billion for the quarter. Pembina Pipeline had a return on equity of 9.98% and a net margin of 22.22%.
About Pembina Pipeline
Pembina Pipeline Corporation is a leading energy transportation and midstream service provider that has served North America’s energy industry for more than 70 years. Pembina owns an extensive network of strategically located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through our integrated value chain, we seek to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future and benefit our customers, investors, employees and communities.
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