Pembina Pipeline Corp Price Target Increased to C$53.00 by Analysts at RBC Capital (PBA)
Research analysts at RBC Capital upped their target price on shares of Pembina Pipeline Corp (NYSE:PBA) from C$51.00 to C$53.00 in a report released on Wednesday. The firm currently has an “outperform” rating on the stock.
A number of other firms have also recently commented on PBA. Analysts at FirstEnergy Capital raised their price target on shares of Pembina Pipeline Corp from C$50.00 to C$55.00 in a research note on Wednesday. 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. Five equities research analysts have rated the stock with a buy rating, Pembina Pipeline Corp currently has a consensus rating of “Buy” and a consensus price target of $54.33.
Pembina Pipeline Corp (NYSE:PBA) traded up 3.08% during mid-day trading on Wednesday, hitting $48.5519. 246,584 shares of the company’s stock traded hands. Pembina Pipeline Corp has a 52-week low of $30.44 and a 52-week high of $47.15. The stock’s 50-day moving average is $43.42 and its 200-day moving average is $40.21. The company has a market cap of $15.876 billion and a price-to-earnings ratio of 43.94.
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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