Pembina Pipeline Corp (TSE:PPL) (NYSE:PBA) had its target price hoisted by research analysts at National Bank Financial from C$50.00 to C$51.00 in a research note issued to investors on Friday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price target suggests a potential upside of 15.07% from the stock’s previous close.

Several other analysts have also recently issued reports on PPL. AltaCorp Capital upgraded Pembina Pipeline Corp from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, July 19th. TD Securities increased their price objective on Pembina Pipeline Corp from C$51.00 to C$52.00 and gave the company a “buy” rating in a research note on Thursday, August 3rd. J P Morgan Chase & Co increased their price objective on Pembina Pipeline Corp from C$52.00 to C$53.00 in a research note on Tuesday, September 26th. CIBC increased their price objective on Pembina Pipeline Corp from C$49.00 to C$50.00 and gave the company an “outperform” rating in a research note on Tuesday, October 3rd. Finally, Scotiabank increased their price objective on Pembina Pipeline Corp from C$49.00 to C$50.00 and gave the company an “outperform” rating in a research note on Wednesday, October 4th. Nine analysts have rated the stock with a buy rating, Pembina Pipeline Corp has a consensus rating of “Buy” and an average target price of C$50.44.

Pembina Pipeline Corp (TSE:PPL) traded up C$1.14 during mid-day trading on Friday, reaching C$44.44. 1,617,619 shares of the company’s stock traded hands.

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In other news, insider Michael H. Dilger acquired 10,000 shares of the company’s stock in a transaction on Monday, August 14th. The shares were bought at an average price of C$32.32 per share, with a total value of C$323,200.00.

Pembina Pipeline Corp Company Profile

Pembina Pipeline Corporation is an energy transportation and service provider. The Company operates through four segments. The Conventional Pipelines segment consists of the tariff-based operations of pipelines and related facilities to deliver crude oil, condensate and natural gas liquids (NGL) in Alberta, British Columbia, Saskatchewan, and North Dakota, United States.

Analyst Recommendations for Pembina Pipeline Corp (TSE:PPL)

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