Pembina Pipeline Co. (TSE:PPL) Receives Average Recommendation of “Moderate Buy” from Brokerages

Pembina Pipeline Co. (TSE:PPL – Get Free Report) (NYSE:PBA) has been given an average recommendation of “Moderate Buy” by the thirteen analysts that are currently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is C$68.86.

PPL has been the subject of several recent research reports. National Bank Financial increased their target price on shares of Pembina Pipeline from C$63.00 to C$71.00 and gave the company an “outperform” rating in a research note on Monday, June 1st. Barclays raised their price objective on Pembina Pipeline from C$63.00 to C$69.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Wells Fargo & Company raised Pembina Pipeline from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, July 13th. BMO Capital Markets boosted their price objective on Pembina Pipeline from C$68.00 to C$72.00 and gave the stock a “market perform” rating in a report on Friday, July 31st. Finally, Scotiabank cut shares of Pembina Pipeline from a “sector outperform” rating to a “hold” rating and raised their target price for the stock from C$69.00 to C$73.00 in a report on Tuesday, July 21st.

Get Pembina Pipeline alerts:

Check Out Our Latest Report on Pembina Pipeline

Pembina Pipeline Stock Performance

TSE:PPL opened at C$68.16 on Friday. Pembina Pipeline has a twelve month low of C$50.15 and a twelve month high of C$72.72. The company has a current ratio of 0.62, a quick ratio of 0.50 and a debt-to-equity ratio of 80.92. The company has a 50-day moving average of C$68.33 and a 200-day moving average of C$64.77. The firm has a market cap of C$39.64 billion, a price-to-earnings ratio of 24.00, a price-to-earnings-growth ratio of 1.58 and a beta of 0.28.

Pembina Pipeline Company Profile

(Get Free Report)

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.

Further Reading

• Five stocks we like better than Pembina Pipeline
• Dutch Bros Sell-Off Creates a Growth Opportunity
• NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
• Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
• Medtronic’s Stars Are Aligning for a Price Recovery

Receive News & Ratings for Pembina Pipeline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pembina Pipeline and related companies with MarketBeat.com's FREE daily email newsletter.