Pembina Pipeline (PBA) Stock Forecast & Price Target

$38.29

+0.18 (+0.47%)

(As of 07/26/2024 ET)

Pembina Pipeline - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 3 Analyst Ratings

Based on 3 Wall Street analysts who have issued ratings for Pembina Pipeline in the last 12 months, the stock has a consensus rating of "Hold." Out of the 3 analysts, 2 have given a hold rating, and 1 has given a buy rating for PBA.

Consensus Price Target

$57.00
48.86% Upside

High Forecast	$57.00
Average Forecast	$57.00
Low Forecast	$57.00

According to the 3 analysts' twelve-month price targets for Pembina Pipeline, the average price target is $57.00. The highest price target for PBA is $57.00, while the lowest price target for PBA is $57.00. The average price target represents a forecasted upside of 48.86% from the current price of $38.29.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Hold	Hold	Moderate Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)	4 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$57.00	$57.00	$57.00	N/A
Forecasted Upside	48.86% Upside	75.25% Upside	75.25% Upside	N/A

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PBA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PBA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Pembina Pipeline Stock vs. The Competition

Type	Pembina Pipeline	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.33	2.56	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	48.86% Upside	230.54% Upside	9.17% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/19/2024	Scotiabank 5 of 5 stars	R. Hope Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
4/19/2024	CIBC 3 of 5 stars		Boost Target	Outperformer ➝ Outperformer	$56.00 ➝ $57.00	+63.89%
10/5/2023	Citigroup 3 of 5 stars		Initiated Coverage	Neutral
8/16/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	C$52.00 ➝ C$51.00
8/8/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$54.00 ➝ C$50.00
8/4/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$54.00 ➝ C$50.00
6/21/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
1/27/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$46.00 ➝ C$47.00
12/16/2022	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight
12/13/2022	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$46.00 ➝ C$47.00
9/26/2022	Industrial Alliance Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:41 AM ET.

PBA Forecast - Frequently Asked Questions

What is Pembina Pipeline's forecast for 2024?: According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Pembina Pipeline is $57.00, with a high forecast of $57.00 and a low forecast of $57.00.
Should I buy or sell Pembina Pipeline stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pembina Pipeline in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PBA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PBA, but not buy additional shares or sell existing shares.
Does Pembina Pipeline's stock price have much upside?: According to analysts, Pembina Pipeline's stock has a predicted upside of 75.25% based on their 12-month stock forecasts.
Has Pembina Pipeline been downgraded by Wall Street analysts recently?: Over the previous 90 days, Pembina Pipeline's stock had 1 downgrade by analysts.
What analysts cover Pembina Pipeline?: Pembina Pipeline has been rated by research analysts at Scotiabank in the past 90 days.
Do Wall Street analysts like Pembina Pipeline more than its competitors?: Analysts like Pembina Pipeline less than other "oils/energy" companies. The consensus rating for Pembina Pipeline is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how PBA compares to other companies.