Pembina Pipeline Corp Price Target Increased to $51.00 by Analysts at RBC Capital (PBA)
RBC Capital raised their price objective on shares of Pembina Pipeline Corp (NYSE:PBA) from $48.00 to $51.00 in a research note issued on Tuesday. The firm currently has an “outperform” rating on the stock. RBC Capital’s price target would indicate a potential upside of 19.05% from the company’s current price.
Shares of Pembina Pipeline Corp (NYSE:PBA) opened at 42.84 on Tuesday. Pembina Pipeline Corp has a 52 week low of $30.36 and a 52 week high of $43.65. The stock’s 50-day moving average is $42.45 and its 200-day moving average is $39.08. The company has a market cap of $13.837 billion and a price-to-earnings ratio of 36.65.
The company also recently declared a aug 14 dividend, which is scheduled for Monday, September 15th. Shareholders of record on Monday, August 25th will be given a dividend of $0.145 per share.
Pembina Pipeline Corporation (NYSE:PBA) is a Calgary-based company, engaged in providing transportation and midstream services.
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