Pembina Pipeline Co. (TSE:PPL) Receives C$61.00 Consensus PT from Analysts

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) has been assigned a consensus recommendation of “Hold” from the eleven ratings firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$61.00.

Several research analysts recently weighed in on PPL shares. Royal Bank Of Canada lifted their price target on Pembina Pipeline from C$62.00 to C$64.00 and gave the company an “outperform” rating in a research report on Monday, March 2nd. Canadian Imperial Bank of Commerce increased their price target on shares of Pembina Pipeline from C$61.00 to C$64.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Raymond James Financial raised their price target on shares of Pembina Pipeline from C$66.00 to C$67.00 in a research report on Tuesday, December 16th. Jefferies Financial Group lifted their price objective on shares of Pembina Pipeline from C$53.00 to C$57.00 in a report on Wednesday, February 4th. Finally, Barclays upped their price objective on shares of Pembina Pipeline from C$57.00 to C$62.00 in a research report on Monday, March 2nd.

Pembina Pipeline Stock Performance

Shares of TSE PPL opened at C$62.07 on Tuesday. The company has a current ratio of 0.61, a quick ratio of 0.50 and a debt-to-equity ratio of 82.58. Pembina Pipeline has a 12 month low of C$48.35 and a 12 month high of C$64.27. The company has a 50 day simple moving average of C$59.88 and a two-hundred day simple moving average of C$55.81. The stock has a market cap of C$36.08 billion, a price-to-earnings ratio of 23.33, a PEG ratio of 1.58 and a beta of 0.53.

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