Pembina Pipeline (TSE:PPL) (NYSE:PBA) had its price objective decreased by research analysts at TD Securities from C$53.00 to C$51.00 in a report released on Monday. The firm currently has a “buy” rating on the stock. TD Securities’ target price indicates a potential upside of 20.85% from the stock’s current price.
A number of other equities analysts have also weighed in on PPL. Scotiabank lifted their price target on shares of Pembina Pipeline from C$50.00 to C$52.00 and gave the company an “outperform” rating in a report on Monday. BMO Capital Markets lifted their price target on shares of Pembina Pipeline from C$47.00 to C$50.00 in a report on Friday, February 23rd. National Bank Financial lifted their price target on shares of Pembina Pipeline from C$54.00 to C$55.00 and gave the company an “outperform” rating in a report on Friday, February 23rd. CIBC lifted their price target on shares of Pembina Pipeline from C$51.00 to C$53.00 in a report on Friday, February 23rd. Finally, Industrial Alliance Securities upgraded shares of Pembina Pipeline from a “buy” rating to a “strong-buy” rating and decreased their price target for the company from C$51.00 to C$50.00 in a report on Wednesday, February 14th. Nine research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of C$51.70.
Pembina Pipeline (TSE PPL) opened at C$42.20 on Monday. The firm has a market cap of $21,230.00, a price-to-earnings ratio of 21.53 and a beta of 0.28. Pembina Pipeline has a 1-year low of C$38.10 and a 1-year high of C$46.17.
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Pembina Pipeline Company Profile
Pembina Pipeline Corporation is an energy transportation and service provider. The Company operates through four segments. The Conventional Pipelines segment consists of the tariff-based operations of pipelines and related facilities to deliver crude oil, condensate and natural gas liquids (NGL) in Alberta, British Columbia, Saskatchewan, and North Dakota, United States.
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