Pembina Pipeline Corp (TSE:PPL) (NYSE:PBA) Director Bruce D. Rubin acquired 5,000 shares of Pembina Pipeline stock in a transaction that occurred on Friday, January 12th. The shares were purchased at an average cost of C$35.37 per share, for a total transaction of C$176,850.00.
Shares of Pembina Pipeline Corp (PPL) traded up C$0.17 on Friday, reaching C$43.77. 1,057,762 shares of the company’s stock were exchanged, compared to its average volume of 964,013. The company has a market capitalization of $21,940.00, a price-to-earnings ratio of 34.74 and a beta of 0.37. Pembina Pipeline Corp has a 1 year low of C$39.04 and a 1 year high of C$46.17.
Pembina Pipeline (TSE:PPL) (NYSE:PBA) last announced its quarterly earnings data on Thursday, November 2nd. The company reported C$0.22 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.37 by C($0.15). Pembina Pipeline had a return on equity of 6.24% and a net margin of 10.28%.
Several research firms recently weighed in on PPL. CIBC lifted their price objective on shares of Pembina Pipeline from C$50.00 to C$51.00 in a research note on Thursday, January 11th. National Bank Financial lifted their price objective on shares of Pembina Pipeline from C$50.00 to C$51.00 and gave the stock an “outperform” rating in a research note on Friday, November 3rd. TD Securities lifted their price objective on shares of Pembina Pipeline from C$52.00 to C$53.00 and gave the stock a “buy” rating in a research note on Monday, November 6th. Scotiabank lifted their price target on shares of Pembina Pipeline from C$49.00 to C$50.00 and gave the company an “outperform” rating in a research note on Wednesday, October 4th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Pembina Pipeline from C$52.00 to C$53.00 in a research note on Tuesday, September 26th. Nine investment analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus target price of C$51.00.
About Pembina Pipeline
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.
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