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

Shares of Pembina Pipeline Co. (TSE:PPL - Get Free Report) NYSE: PBA have received an average rating of "Moderate Buy" from the twelve brokerages that are currently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$59.33.

Several research firms have issued reports on PPL. JPMorgan Chase & Co. cut their price objective on Pembina Pipeline from C$62.00 to C$59.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. TD Securities set a C$66.00 price target on shares of Pembina Pipeline and gave the company a "buy" rating in a report on Wednesday, January 15th. UBS Group decreased their price objective on shares of Pembina Pipeline from C$62.00 to C$57.00 in a research note on Wednesday, March 5th. Citigroup raised shares of Pembina Pipeline from a "neutral" rating to a "buy" rating in a research note on Monday, March 10th. Finally, Raymond James raised their target price on Pembina Pipeline from C$62.00 to C$63.00 in a research report on Monday, March 3rd.

Pembina Pipeline Trading Up 0.0 %

Shares of Pembina Pipeline stock traded up C$0.02 on Tuesday, reaching C$52.91. 1,200,965 shares of the company were exchanged, compared to its average volume of 3,195,150. Pembina Pipeline has a fifty-two week low of C$47.71 and a fifty-two week high of C$60.72. The firm has a market capitalization of C$30.59 billion, a price-to-earnings ratio of 15.36, a price-to-earnings-growth ratio of 1.58 and a beta of 1.48. The company has a current ratio of 0.65, a quick ratio of 0.50 and a debt-to-equity ratio of 78.68. The stock has a fifty day moving average price of C$53.95 and a 200-day moving average price of C$54.92.

Insiders Place Their Bets

In related news, Director Henry William Sykes bought 1,100 shares of the firm's stock in a transaction on Friday, April 4th. The stock was purchased at an average price of C$53.61 per share, with a total value of C$58,971.00. Also, Director Andy Mah purchased 4,105 shares of the stock in a transaction on Wednesday, April 9th. The shares were bought at an average price of C$48.84 per share, for a total transaction of C$200,488.20. Insiders acquired 18,089 shares of company stock valued at $955,839 over the last ninety days. Corporate insiders own 0.05% of the company's stock.

Pembina Pipeline Company Profile

Pembina Pipeline is midstream company serving the Canadian and North American ( primarily Bakken) markets with an integrated product portfolio. The firms' assets include pipelines and gas gathering, as well as assets across fractionation, storage, and propane exports.