Pembina Pipeline Corp Price Target Raised to C$55.00 (PBA)
Shares of Pembina Pipeline Corp (NYSE:PBA) traded up 3.08% during mid-day trading on Wednesday, hitting $48.5519. The stock had a trading volume of 246,584 shares. Pembina Pipeline Corp has a 1-year low of $30.44 and a 1-year high of $47.15. The stock has a 50-day moving average of $43.42 and a 200-day moving average of $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. Stockholders of record on Monday, August 25th will be given a dividend of $0.145 per share.
Several other analysts have also recently commented on the stock. 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 equities research analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average price target of $54.33.
Pembina Pipeline Corporation (NYSE:PBA) is a Calgary-based company, engaged in providing transportation and midstream services.
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