Pembina Pipeline Co. (TSE:PPL) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) have been assigned an average rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is C$59.00.

Several brokerages have commented on PPL. National Bankshares increased their price target on shares of 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. TD Securities dropped their target price on shares of Pembina Pipeline from C$60.00 to C$59.00 and set a “buy” rating on the stock in a research report on Monday, January 12th. Raymond James Financial lifted their price target on shares of Pembina Pipeline from C$66.00 to C$67.00 in a research note on Tuesday, December 16th. Canadian Imperial Bank of Commerce decreased their price objective on shares of Pembina Pipeline from C$62.00 to C$61.00 in a research note on Tuesday, December 16th. Finally, ATB Capital set a C$61.00 price objective on Pembina Pipeline and gave the stock an “outperform” rating in a report on Tuesday, December 23rd.

Pembina Pipeline Trading Up 0.3%

PPL opened at C$58.26 on Monday. The business has a fifty day moving average price of C$53.61 and a 200 day moving average price of C$53.33. The company has a debt-to-equity ratio of 78.68, a current ratio of 0.65 and a quick ratio of 0.50. Pembina Pipeline has a 12 month low of C$48.35 and a 12 month high of C$59.20. The stock has a market capitalization of C$33.85 billion, a price-to-earnings ratio of 20.81, a PEG ratio of 1.58 and a beta of 0.62.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last announced its quarterly earnings data on Thursday, November 6th. The company reported C$0.43 EPS for the quarter. Pembina Pipeline had a return on equity of 12.06% and a net margin of 25.73%.The business had revenue of C$1.79 billion during the quarter. Sell-side analysts expect 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.