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

Shares of Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) have received a consensus recommendation of “Moderate Buy” from the twelve research firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$59.00.

PPL has been the topic of a number of recent analyst reports. TD Securities decreased their price objective on shares of Pembina Pipeline from C$60.00 to C$59.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. National Bank Financial lifted their price target on Pembina Pipeline from C$57.00 to C$60.00 and gave the company an “outperform” rating in a research note on Wednesday, December 17th. ATB Cormark Capital Markets set a C$61.00 price target on Pembina Pipeline and gave the stock an “outperform” rating in a report on Tuesday, December 23rd. Raymond James Financial raised their price objective on Pembina Pipeline from C$66.00 to C$67.00 in a research note on Tuesday, December 16th. Finally, BMO Capital Markets decreased their target price on Pembina Pipeline from C$59.00 to C$58.00 in a research report on Tuesday, December 16th.

Pembina Pipeline Stock Up 1.8%

Shares of TSE PPL opened at C$60.43 on Monday. The stock has a market capitalization of C$35.11 billion, a P/E ratio of 21.58, a PEG ratio of 1.58 and a beta of 0.62. The stock’s fifty day moving average is C$54.09 and its 200 day moving average is C$53.63. Pembina Pipeline has a 52 week low of C$48.35 and a 52 week high of C$60.70. The company has a debt-to-equity ratio of 78.68, a quick ratio of 0.50 and a current ratio of 0.65.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last announced its quarterly earnings data on Thursday, November 6th. The company reported C$0.43 earnings per share (EPS) for the quarter. The firm had revenue of C$1.79 billion for the quarter. Pembina Pipeline had a net margin of 25.73% and a return on equity of 12.06%. Sell-side analysts forecast that Pembina Pipeline will post 3.439908 earnings per share for the current fiscal year.

Pembina Pipeline Company Profile

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.