Pembina Pipeline Co. (TSE:PPL) Given Consensus Recommendation of "Moderate Buy" by Analysts

Pembina Pipeline Co. (TSE:PPL - Get Free Report) NYSE: PBA has earned a consensus rating of "Moderate Buy" from the ten brokerages that are currently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$58.64.

A number of brokerages have issued reports on PPL. Royal Bank Of Canada cut their price target on shares of Pembina Pipeline from C$65.00 to C$62.00 in a research note on Monday, May 12th. National Bank Financial upgraded shares of Pembina Pipeline from a "hold" rating to a "strong-buy" rating in a research note 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 target on the stock in a research note on Thursday, June 26th. Barclays cut their price target on shares of Pembina Pipeline from C$58.00 to C$57.00 and set an "overweight" rating on the stock in a research note on Monday, July 7th. Finally, Jefferies Financial Group lowered shares of Pembina Pipeline from a "buy" rating to a "hold" rating and cut their price target for the company from C$61.00 to C$53.00 in a research note on Wednesday.

Pembina Pipeline Stock Down 0.4%

Shares of TSE PPL traded down C$0.20 during trading hours on Thursday, hitting C$50.40. 5,326,597 shares of the stock were exchanged, compared to its average volume of 3,393,344. 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 12 month low of C$48.35 and a 12 month high of C$60.72. The company has a market cap of C$29.14 billion, a PE ratio of 14.63, a PEG ratio of 1.58 and a beta of 1.48. The firm has a fifty day moving average price of C$51.14 and a 200-day moving average price of C$52.66.

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.