Pembina Pipeline Co. (TSE:PPL - Get Free Report) NYSE: PBA crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$52.80 and traded as low as C$50.29. Pembina Pipeline shares last traded at C$51.08, with a volume of 1,942,541 shares traded.
Analyst Ratings Changes
Several brokerages recently weighed in on PPL. National Bankshares raised shares of Pembina Pipeline from a "sector perform" rating to an "outperform" rating and set a C$56.00 price objective on the stock in a research report on Thursday, June 26th. Royal Bank Of Canada cut their price target on Pembina Pipeline from C$65.00 to C$62.00 in a report on Monday, May 12th. JPMorgan Chase & Co. decreased their target price on Pembina Pipeline from C$62.00 to C$59.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. Barclays cut their target price on 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, National Bank Financial raised Pembina Pipeline from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 25th. Three research analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$59.00.
Check Out Our Latest Stock Analysis on PPL
Pembina Pipeline Stock Down 0.0%
The stock has a 50-day moving average price of C$51.31 and a 200-day moving average price of C$52.76. The company has a market capitalization of C$29.52 billion, a P/E ratio of 14.82, a P/E/G ratio of 1.58 and a beta of 1.48. The company has a debt-to-equity ratio of 78.68, a current ratio of 0.65 and a quick ratio of 0.50.
Pembina Pipeline Company Profile
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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.
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