JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Pembina Pipeline (TSE:PPL) Stock

Key Points

• JPMorgan raised its price target on Pembina to C$64 (from C$60), implying roughly a 3.6% upside"Hold" (6 Buy, 4 Hold, 1 Sell).
• Pembina shares traded at C$61.77 (down 0.2%) with a market cap of C$35.91 billion, a PE of 23.22 and PEG of 1.58; the company reported C$0.78 EPS on C$1.91 billion revenue last quarter and a net margin of 21.66%.

Pembina Pipeline (TSE:PPL - Get Free Report) NYSE: PBA had its target price hoisted by stock analysts at JPMorgan Chase & Co. from C$60.00 to C$64.00 in a research note issued to investors on Thursday,BayStreet.CA reports. JPMorgan Chase & Co.'s target price suggests a potential upside of 3.61% from the company's previous close.

A number of other research firms have also weighed in on PPL. Barclays boosted their target price on shares of Pembina Pipeline from C$62.00 to C$63.00 in a report on Wednesday. TD Securities upped their price objective on shares of Pembina Pipeline from C$63.00 to C$65.00 and gave the company a "hold" rating in a research note on Wednesday. ATB Cormark Capital Markets upped their price objective on shares of Pembina Pipeline from C$64.00 to C$66.00 and gave the company an "outperform" rating in a research note on Wednesday. Jefferies Financial Group upped their price objective on shares of Pembina Pipeline from C$53.00 to C$57.00 in a research note on Wednesday, February 4th. Finally, National Bank Financial upped their price objective on shares of Pembina Pipeline from C$61.00 to C$63.00 and gave the company an "outperform" rating in a research note on Wednesday. Six investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Pembina Pipeline presently has an average rating of "Hold" and a consensus target price of C$62.55.

Pembina Pipeline Trading Down 0.2%

PPL traded down C$0.13 during trading on Thursday, reaching C$61.77. 732,202 shares of the company's stock were exchanged, compared to its average volume of 2,620,587. Pembina Pipeline has a one year low of C$48.35 and a one year high of C$64.27. The company has a current ratio of 0.61, a quick ratio of 0.50 and a debt-to-equity ratio of 82.58. The stock has a market capitalization of C$35.91 billion, a PE ratio of 23.22, a price-to-earnings-growth ratio of 1.58 and a beta of 0.36. The firm has a fifty day moving average price of C$60.37 and a two-hundred day moving average price of C$56.03.

Pembina Pipeline (TSE:PPL - Get Free Report) NYSE: PBA last posted its earnings results on Thursday, February 26th. The company reported C$0.78 earnings per share for the quarter. Pembina Pipeline had a net margin of 21.66% and a return on equity of 9.91%. The firm had revenue of C$1.91 billion for the quarter. As a group, equities research analysts forecast that Pembina Pipeline will post 3.439908 earnings per share for the current fiscal year.

More Pembina Pipeline News

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

• Positive Sentiment: Multiple analysts raised price targets and reaffirmed positive views, implying modest upside (targets now range roughly C$63–C$66, vs. the ~C$61.90 level). Upgrades and higher targets from ATB Cormark (to C$66, "outperform"), CIBC (to C$66), TD (to C$65, "hold"), BMO (to C$63), National Bank (to C$63, "outperform") and Barclays (to C$63) support near‑term upside of ~1.8%–6.6% as perceived by analysts. Read More.
• Positive Sentiment: An investing column names Pembina as one of "2 powerful Canadian stocks" to hold confidently for the next five years — a retail/investor‑oriented endorsement that can support long‑term demand from income and dividend investors. Read More.
• Negative Sentiment: Despite the analyst optimism, Pembina underperformed the market and its shares declined in Wednesday trading; MarketWatch notes the stock fell and lagged peers — a short‑term negative signal that may reflect sector weakness, profit taking near recent highs, or broader market pressure. Read More.

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.

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