Pembina Pipeline Co. (TSE:PPL) Receives C$58.64 Average PT from Analysts

Pembina Pipeline Co. (TSE:PPL - Get Free Report) NYSE: PBA has been assigned an average rating of "Moderate Buy" from the ten analysts that are presently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$58.64.

A number of research analysts recently issued reports on PPL shares. Royal Bank Of Canada decreased their price objective on shares of Pembina Pipeline from C$65.00 to C$62.00 in a report on Monday, May 12th. National Bank Financial upgraded shares of Pembina Pipeline from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 25th. National Bankshares upgraded shares of Pembina Pipeline from a "sector perform" rating to an "outperform" rating and set a C$56.00 price objective for the company in a report on Thursday, June 26th. JPMorgan Chase & Co. decreased their price objective on shares of Pembina Pipeline from C$62.00 to C$59.00 and set a "neutral" rating for the company in a report on Tuesday, April 15th. Finally, Jefferies Financial Group cut shares of Pembina Pipeline from a "buy" rating to a "hold" rating and decreased their price objective for the company from C$61.00 to C$53.00 in a report on Wednesday.

Pembina Pipeline Trading Down 0.4%

TSE PPL traded down C$0.20 during trading on Thursday, reaching C$50.40. 5,326,597 shares of the stock traded hands, compared to its average volume of 3,393,344. The firm has a market cap of C$29.14 billion, a price-to-earnings ratio of 14.63, a price-to-earnings-growth ratio of 1.58 and a beta of 1.48. The stock's 50-day moving average price is C$51.14 and its 200 day moving average price is C$52.66. The company has a quick ratio of 0.50, a current ratio of 0.65 and a debt-to-equity ratio of 78.68. Pembina Pipeline has a fifty-two week low of C$48.35 and a fifty-two week high of C$60.72.

About Pembina Pipeline

Pembina Pipeline is midstream company serving the Canadian and North American ( primarily Bakken) markets with an integrated product portfolio. The firms' assets include pipelines and gas gathering, as well as assets across fractionation, storage, and propane exports.