Pembina Pipeline (TSE:PPL) PT Raised to C$51.00 at National Bankshares

Pembina Pipeline (TSE:PPL - Get Free Report) NYSE: PBA had its target price boosted by stock analysts at National Bankshares from C$50.00 to C$51.00 in a research note issued on Monday, BayStreet.CA reports. The brokerage presently has a "sector perform" rating on the stock. National Bankshares' price target suggests a potential upside of 1.21% from the stock's previous close.

A number of other research firms also recently commented on PPL. Stifel Nicolaus boosted their target price on Pembina Pipeline from C$55.00 to C$56.00 and gave the stock a "buy" rating in a research report on Friday, April 19th. ATB Capital lifted their price objective on Pembina Pipeline from C$55.00 to C$56.00 in a research note on Friday, April 5th. Jefferies Financial Group increased their price target on Pembina Pipeline from C$54.00 to C$55.00 and gave the company a "buy" rating in a report on Monday. Citigroup upped their target price on Pembina Pipeline from C$47.00 to C$50.00 and gave the stock a "neutral" rating in a research report on Wednesday, March 6th. Finally, Wells Fargo & Company raised their target price on Pembina Pipeline from C$52.00 to C$55.00 in a report on Thursday, March 7th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$53.67.

Pembina Pipeline Stock Performance

Shares of PPL stock traded up C$0.04 during midday trading on Monday, hitting C$50.39. The company had a trading volume of 1,027,752 shares, compared to its average volume of 2,553,244. The company's 50 day simple moving average is C$48.10 and its 200 day simple moving average is C$46.29. The company has a debt-to-equity ratio of 70.47, a current ratio of 0.82 and a quick ratio of 0.50. The stock has a market cap of C$29.20 billion, a price-to-earnings ratio of 16.84, a PEG ratio of 4.80 and a beta of 1.49. Pembina Pipeline has a 52-week low of C$38.79 and a 52-week high of C$50.87.

Pembina Pipeline (TSE:PPL - Get Free Report) NYSE: PBA last issued its earnings results on Thursday, February 22nd. The company reported C$1.21 earnings per share for the quarter, topping the consensus estimate of C$0.75 by C$0.46. Pembina Pipeline had a net margin of 19.46% and a return on equity of 11.24%. The company had revenue of C$2.47 billion for the quarter, compared to analyst estimates of C$2.47 billion. Research analysts anticipate that Pembina Pipeline will post 3.0400751 earnings per share for the current fiscal year.

Insider Activity

In other Pembina Pipeline news, Senior Officer J. Scott Burrows sold 5,314 shares of the company's stock in a transaction dated Monday, April 8th. The shares were sold at an average price of C$48.82, for a total transaction of C$259,429.48. In related news, Director Henry William Sykes bought 1,984 shares of the company's stock in a transaction that occurred on Tuesday, April 9th. The shares were acquired at an average price of C$48.44 per share, with a total value of C$96,098.02. Also, Senior Officer J. Scott Burrows sold 5,314 shares of the stock in a transaction on Monday, April 8th. The shares were sold at an average price of C$48.82, for a total transaction of C$259,429.48. 0.04% of the stock is currently owned by company insiders.

About Pembina Pipeline

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.