Pembina Pipeline Corp Reaches New 12-Month High at $45.25 (PBA)
Pembina Pipeline Corp (NYSE:PBA) shares hit a new 52-week high during trading on Tuesday , AnalystRatingsNetwork reports. The stock traded as high as $45.25 and last traded at $45.14, with a volume of 105,661 shares traded. The stock had previously closed at $44.80.
A number of research firms have recently commented on PBA. Analysts at TD Securities raised their price target on shares of Pembina Pipeline Corp from C$49.00 to C$52.00 in a research note on Tuesday, August 12th. They now have a “buy” rating on the stock. Analysts at RBC Capital raised their price target on shares of Pembina Pipeline Corp from $48.00 to $51.00 in a research note on Tuesday, August 12th. They now have an “outperform” rating on the stock. Five research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of $50.33.
The stock’s 50-day moving average is $42.89 and its 200-day moving average is $39.80. The company has a market cap of $14.676 billion and a price-to-earnings ratio of 42.14.
The company also recently declared a aug 14 dividend, which is scheduled for Monday, September 15th. Stockholders 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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