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MSFT   232.33 (+1.22%)
FB   282.05 (+1.45%)
GOOGL   1,907.95 (+0.72%)
AMZN   3,326.13 (+0.98%)
TSLA   883.09 (+0.26%)
NVDA   537.41 (-1.60%)
BABA   265.92 (+1.74%)
CGC   35.52 (+7.93%)
GE   11.29 (+2.73%)
MU   79.51 (-2.18%)
AMD   94.71 (+0.62%)
NIO   60.31 (+0.53%)
T   29.75 (+2.20%)
F   11.19 (-0.89%)
ACB   10.67 (+5.02%)
BA   202.06 (-0.64%)
DIS   169.56 (-1.36%)
NFLX   561.93 (+0.92%)
GILD   66.70 (-2.14%)
QQQ   328.59 (+0.15%)
AAPL   143.16 (+0.17%)
MSFT   232.33 (+1.22%)
FB   282.05 (+1.45%)
GOOGL   1,907.95 (+0.72%)
AMZN   3,326.13 (+0.98%)
TSLA   883.09 (+0.26%)
NVDA   537.41 (-1.60%)
BABA   265.92 (+1.74%)
CGC   35.52 (+7.93%)
GE   11.29 (+2.73%)
MU   79.51 (-2.18%)
AMD   94.71 (+0.62%)
NIO   60.31 (+0.53%)
T   29.75 (+2.20%)
F   11.19 (-0.89%)
ACB   10.67 (+5.02%)
BA   202.06 (-0.64%)
DIS   169.56 (-1.36%)
NFLX   561.93 (+0.92%)
GILD   66.70 (-2.14%)
QQQ   328.59 (+0.15%)
AAPL   143.16 (+0.17%)
MSFT   232.33 (+1.22%)
FB   282.05 (+1.45%)
GOOGL   1,907.95 (+0.72%)
AMZN   3,326.13 (+0.98%)
TSLA   883.09 (+0.26%)
NVDA   537.41 (-1.60%)
BABA   265.92 (+1.74%)
CGC   35.52 (+7.93%)
GE   11.29 (+2.73%)
MU   79.51 (-2.18%)
AMD   94.71 (+0.62%)
NIO   60.31 (+0.53%)
T   29.75 (+2.20%)
F   11.19 (-0.89%)
ACB   10.67 (+5.02%)
BA   202.06 (-0.64%)
DIS   169.56 (-1.36%)
NFLX   561.93 (+0.92%)
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Pembina Pipeline Co. (PPL.TO) (TSE:PPL) Given New C$40.00 Price Target at Tudor Pickering

Last updated on Thursday, January 21, 2021 | 2021 MarketBeat

Pembina Pipeline Co. (PPL.TO) (TSE:PPL) (NYSE:PBA) had its target price raised by equities research analysts at Tudor Pickering to C$40.00 in a note issued to investors on Thursday, Stock Target Advisor reports. The brokerage currently has a "buy" rating on the stock. Tudor Pickering's price target suggests a potential upside of 12.30% from the company's previous close.

Several other research firms also recently weighed in on PPL. Tudor Pickering & Holt set a C$40.00 price objective on shares of Pembina Pipeline Co. (PPL.TO) and gave the stock a "buy" rating in a report on Wednesday. Scotiabank lowered their price objective on shares of Pembina Pipeline Co. (PPL.TO) from C$42.00 to C$37.00 in a report on Friday, November 6th. UBS Group restated a "hold" rating on shares of Pembina Pipeline Co. (PPL.TO) in a report on Tuesday, January 5th. Stifel Firstegy downgraded shares of Pembina Pipeline Co. (PPL.TO) from a "buy" rating to a "hold" rating in a report on Monday, December 14th. Finally, Wells Fargo & Company downgraded shares of Pembina Pipeline Co. (PPL.TO) from an "outperform" rating to an "equal weight" rating in a report on Monday, November 30th. Eight investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has an average rating of "Hold" and an average target price of C$38.47.

TSE PPL traded down C$0.49 on Thursday, hitting C$35.62. 1,325,956 shares of the company were exchanged, compared to its average volume of 2,614,845. The company has a market cap of C$19.59 billion and a PE ratio of 22.03. Pembina Pipeline Co. has a 12 month low of C$15.27 and a 12 month high of C$53.79. The stock has a fifty day moving average of C$32.90 and a 200-day moving average of C$31.79. The company has a current ratio of 0.71, a quick ratio of 0.52 and a debt-to-equity ratio of 70.19.

Pembina Pipeline Co. (PPL.TO) (TSE:PPL) (NYSE:PBA) last issued its earnings results on Thursday, November 5th. The company reported C$0.51 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of C$0.52 by C($0.01). The company had revenue of C$1.57 billion for the quarter, compared to analyst estimates of C$1.75 billion. On average, analysts expect that Pembina Pipeline Co. will post 2.3399998 earnings per share for the current year.

Pembina Pipeline Co. (PPL.TO) Company Profile

Pembina Pipeline Corporation provides transportation and midstream services for the energy industry in North America. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, transmission, and oil sands and heavy oil pipeline assets with a transportation capacity of 3.1 million barrels of oil, ground storage of 11 millions of barrels, and rail terminalling capacity of approximately 145 thousands of barrels of oil equivalent serving markets and basins across North America.

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Analyst Recommendations for Pembina Pipeline Co. (PPL.TO) (TSE:PPL)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]


7 Stocks to Buy For the Current Housing Boom

It’s been an uneven economic recovery to date. However, one area that is unquestionably booming is the housing market. But the interesting thing is that it took more than low mortgage rates to convince home buyers to take the plunge.

What it took was a pandemic. Think I’m kidding? Look at the Housing Market Index (HMI). In September, the HMI posted a preliminary rating of 83. That’s a historical high. And this marks the fifth consecutive month the HMI has increased.

Simply put, Americans have a renewed interest in spreading out. For some urban apartment dwellers, this means a flight to a place of their own. Some that own homes in more densely populated areas are looking for more wide-open spaces.

And regardless of the outcome of the presidential election, the Federal Reserve has indicated it is in no hurry to raise interest rates. This means that mortgage rates should remain favorable no matter which party occupies the White House.

There are many ways for investors to profit from this housing boom. Homebuilder stocks are a logical choice. But other companies will benefit from the rise in homeownership.

To help you capitalize on this red hot sector, we’ve put together this special presentation.

View the "7 Stocks to Buy For the Current Housing Boom".

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