Pembina Pipeline Co. (TSE:PPL) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) have been given an average rating of “Moderate Buy” by the twelve ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$61.00.

A number of research analysts have issued reports on the company. Raymond James Financial boosted their target price on Pembina Pipeline from C$66.00 to C$67.00 in a research note on Tuesday, December 16th. Royal Bank Of Canada boosted their price objective on Pembina Pipeline from C$62.00 to C$64.00 and gave the company an “outperform” rating in a research report on Monday. Barclays increased their target price on Pembina Pipeline from C$57.00 to C$62.00 in a research note on Monday. TD Securities lifted their price target on shares of Pembina Pipeline from C$62.00 to C$63.00 and gave the company a “hold” rating in a research note on Friday, February 27th. Finally, National Bank Financial upped their price target on shares of Pembina Pipeline from C$60.00 to C$61.00 and gave the company an “outperform” rating in a report on Monday.

Pembina Pipeline Trading Down 0.3%

Shares of TSE PPL opened at C$60.58 on Friday. The company’s fifty day moving average is C$56.28 and its 200-day moving average is C$54.53. The stock has a market cap of C$35.19 billion, a price-to-earnings ratio of 21.64, a P/E/G ratio of 1.58 and a beta of 0.62. Pembina Pipeline has a twelve month low of C$48.35 and a twelve month high of C$61.81. The company has a quick ratio of 0.50, a current ratio of 0.61 and a debt-to-equity ratio of 82.58.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last released its quarterly earnings data on Thursday, February 26th. The company reported C$0.78 EPS for the quarter. The business had revenue of C$1.91 billion during the quarter. Pembina Pipeline had a net margin of 21.66% and a return on equity of 9.91%. Equities research analysts predict that Pembina Pipeline will post 3.439908 EPS for the current year.

About Pembina Pipeline

Pembina Pipeline Corporation is a leading energy transportation and midstream service provider that has served North America’s energy industry for more than 70 years. Pembina owns an extensive network of strategically located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through our integrated value chain, we seek to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future and benefit our customers, investors, employees and communities.