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

Key Points

• Analysts give Pembina Pipeline a consensus rating of Moderate Buy (six buys, three holds, one sell) with an average 1‑year target of C$62.55.
• On April 8 several firms (TD Securities, National Bank Financial, Barclays, ATB Cormark, BMO) raised price targets to about C$63–C$66 while issuing mostly hold/outperform ratings.
• Most recent quarter showed EPS of C$0.78 on C$1.91 billion revenue; shares opened at C$59.29 with a 52‑week range of C$48.74–C$64.27 and a market cap of C$34.47 billion.

Pembina Pipeline Co. (TSE:PPL - Get Free Report) NYSE: PBA has been given a consensus rating of "Moderate Buy" by the ten research firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$62.55.

Several analysts have issued reports on the company. TD Securities boosted their price objective on Pembina Pipeline from C$63.00 to C$65.00 and gave the stock a "hold" rating in a report on Wednesday, April 8th. National Bank Financial boosted their price objective on Pembina Pipeline from C$61.00 to C$63.00 and gave the stock an "outperform" rating in a report on Wednesday, April 8th. Barclays boosted their price objective on Pembina Pipeline from C$62.00 to C$63.00 in a report on Wednesday, April 8th. ATB Cormark Capital Markets boosted their price objective on Pembina Pipeline from C$64.00 to C$66.00 and gave the stock an "outperform" rating in a report on Wednesday, April 8th. Finally, BMO Capital Markets boosted their price objective on Pembina Pipeline from C$60.00 to C$63.00 in a report on Wednesday, April 8th.

Pembina Pipeline Price Performance

Shares of Pembina Pipeline stock opened at C$59.29 on Friday. 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 company's 50-day moving average price is C$60.71 and its two-hundred day moving average price is C$56.30. Pembina Pipeline has a 52 week low of C$48.74 and a 52 week high of C$64.27. The stock has a market cap of C$34.47 billion, a PE ratio of 22.29, a price-to-earnings-growth ratio of 1.58 and a beta of 0.36.

Pembina Pipeline (TSE:PPL - Get Free Report) NYSE: PBA last issued its quarterly earnings results on Thursday, February 26th. The company reported C$0.78 EPS 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, sell-side analysts anticipate that Pembina Pipeline will post 3.439908 EPS for the current fiscal year.

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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