Shares of Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) have been given a consensus recommendation of “Buy” by the ten ratings firms that are covering the stock, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a buy recommendation. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$50.67.
A number of equities analysts have recently issued reports on the company. National Bank Financial increased their target price on Pembina Pipeline from C$51.00 to C$52.00 and gave the stock an “outperform” rating in a report on Thursday. TD Securities increased their price target on Pembina Pipeline from C$52.00 to C$53.00 and gave the stock a “buy” rating in a research report on Monday, November 6th. Scotiabank increased their price target on Pembina Pipeline from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 4th. CIBC increased their price target on Pembina Pipeline from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 3rd. Finally, J P Morgan Chase & Co increased their price target on Pembina Pipeline from C$52.00 to C$53.00 in a research report on Tuesday, September 26th.
Shares of Pembina Pipeline (PPL) traded down C$0.30 on Friday, hitting C$44.27. The stock had a trading volume of 864,286 shares, compared to its average volume of 1,115,054. Pembina Pipeline has a fifty-two week low of C$39.03 and a fifty-two week high of C$46.17.
About Pembina Pipeline
Pembina Pipeline Corporation is an energy transportation and service provider. The Company operates through four segments. The Conventional Pipelines segment consists of the tariff-based operations of pipelines and related facilities to deliver crude oil, condensate and natural gas liquids (NGL) in Alberta, British Columbia, Saskatchewan, and North Dakota, United States.
What are top analysts saying about Pembina Pipeline Co.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Pembina Pipeline Co. and related companies.