Royal Bank Of Canada Issues Positive Forecast for Pembina Pipeline (TSE:PPL) Stock Price

Pembina Pipeline (TSE:PPL) (NYSE:PBA) had its target price raised by Royal Bank Of Canada from C$62.00 to C$64.00 in a report issued on Monday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

PPL has been the subject of a number of other research reports. 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. ATB Cormark Capital Markets set a C$61.00 target price on shares of Pembina Pipeline and gave the stock an “outperform” rating in a research report on Tuesday, December 23rd. TD Securities boosted their price target on Pembina Pipeline from C$62.00 to C$63.00 and gave the company a “hold” rating in a report on Friday. BMO Capital Markets cut Pembina Pipeline from an “outperform” rating to a “hold” rating and increased their price objective for the stock from C$58.00 to C$60.00 in a research note on Friday. Finally, Raymond James Financial lifted their target price on Pembina Pipeline from C$66.00 to C$67.00 in a research report on Tuesday, December 16th. Seven investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$60.67.

Pembina Pipeline Price Performance

Shares of PPL stock opened at C$61.54 on Monday. The stock has a 50 day moving average price of C$55.74 and a 200 day moving average price of C$54.37. Pembina Pipeline has a 52-week low of C$48.35 and a 52-week high of C$61.81. The company has a debt-to-equity ratio of 82.58, a quick ratio of 0.50 and a current ratio of 0.61. The firm has a market capitalization of C$35.75 billion, a P/E ratio of 21.98, a P/E/G ratio of 1.58 and a beta of 0.62.

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

Key Stories Impacting Pembina Pipeline

Here are the key news stories impacting Pembina Pipeline this week:

• Positive Sentiment: Royal Bank of Canada raised its price target from C$62.00 to C$64.00 and kept an “outperform” rating — a clear bullish signal that likely lifted investor sentiment. RBC raises target to C$64
• Positive Sentiment: ATB Cormark Capital Markets raised its target to C$64.00 and reiterated an “outperform” rating, adding upside expectations for Pembina. ATB Cormark raises target to C$64
• Positive Sentiment: Barclays increased its price target from C$57.00 to C$62.00, a modest upgrade that supports the broader analyst-driven lift. Barclays raises target to C$62
• Positive Sentiment: AmericanBankingNews reported additional price‑target bumps (coverage summaries show targets raised to C$63.00 and C$64.00), reinforcing the upside narrative from multiple shops. Pembina Pipeline (TSE:PPL) Price Target Raised to C$64.00
• Neutral Sentiment: National Bank Financial raised its target to C$61.00 but kept an “outperform” rating — the target sits roughly at current levels, so this is less immediately bullish than other raises. National Bank raises target to C$61
• Negative Sentiment: BMO Capital Markets cut Pembina to Hold (coverage note reported by AmericanBankingNews), which introduces some downward pressure and offers a counterpoint to the cluster of upgrades. Pembina Pipeline (TSE:PPL) Cut to Hold at BMO Capital Markets

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.