Pembina Pipeline Co. (TSE:PPL) Given Consensus Rating of "Moderate Buy" by Brokerages

Pembina Pipeline Co. (TSE:PPL - Get Free Report) NYSE: PBA has received an average recommendation of "Moderate Buy" from the fourteen research firms that are currently covering the company, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is C$58.67.

A number of equities analysts have recently issued reports on the stock. Raymond James lowered their target price on shares of Pembina Pipeline from C$62.00 to C$61.00 in a research report on Friday, December 13th. Barclays set a C$63.00 target price on shares of Pembina Pipeline and gave the stock an "overweight" rating in a research note on Thursday, December 12th. UBS Group raised Pembina Pipeline to a "hold" rating in a report on Wednesday, September 11th. JPMorgan Chase & Co. increased their price objective on Pembina Pipeline from C$60.00 to C$62.00 and gave the stock a "hold" rating in a research report on Thursday, October 3rd. Finally, BMO Capital Markets dropped their target price on Pembina Pipeline from C$61.00 to C$59.00 in a report on Friday, December 13th.

Pembina Pipeline Stock Down 0.1 %

Shares of PPL traded down C$0.06 during mid-day trading on Friday, reaching C$53.39. The company's stock had a trading volume of 1,346,395 shares, compared to its average volume of 1,505,365. The company has a debt-to-equity ratio of 77.50, a current ratio of 0.69 and a quick ratio of 0.50. Pembina Pipeline has a 12-month low of C$44.56 and a 12-month high of C$60.72. The stock has a market cap of C$30.98 billion, a PE ratio of 16.38, a price-to-earnings-growth ratio of 1.58 and a beta of 1.48. The company's 50 day moving average is C$56.14 and its 200 day moving average is C$54.71.

Pembina Pipeline (TSE:PPL - Get Free Report) NYSE: PBA last released its quarterly earnings data on Tuesday, November 5th. The company reported C$0.60 earnings per share for the quarter, missing analysts' consensus estimates of C$0.79 by C($0.19). Pembina Pipeline had a return on equity of 11.89% and a net margin of 20.60%. The company had revenue of C$1.84 billion for the quarter, compared to analyst estimates of C$2.03 billion. Equities analysts anticipate that Pembina Pipeline will post 3.439908 EPS for the current fiscal year.

Pembina Pipeline Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a dividend of $0.69 per share. The ex-dividend date was Monday, December 16th. This represents a $2.76 annualized dividend and a yield of 5.17%. Pembina Pipeline's payout ratio is currently 84.66%.

Pembina Pipeline Company Profile

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.