Pembina Pipeline Co. (TSE:PPL) Senior Officer J. Scott Burrows Purchases 12,087 Shares

Pembina Pipeline Co. (TSE:PPL - Get Free Report) NYSE: PBA Senior Officer J. Scott Burrows purchased 12,087 shares of Pembina Pipeline stock in a transaction that occurred on Friday, March 14th. The stock was acquired at an average price of C$54.05 per share, for a total transaction of C$653,302.35.

J. Scott Burrows also recently made the following trade(s):

• On Monday, March 3rd, J. Scott Burrows sold 18,106 shares of Pembina Pipeline stock. The shares were sold at an average price of C$55.43, for a total transaction of C$1,003,615.58.

Pembina Pipeline Trading Down 0.4 %

PPL traded down C$0.21 during trading on Monday, hitting C$55.75. 9,722,675 shares of the stock were exchanged, compared to its average volume of 3,065,621. The company has a debt-to-equity ratio of 78.68, a quick ratio of 0.50 and a current ratio of 0.65. The firm has a 50 day simple moving average of C$53.20 and a 200 day simple moving average of C$55.18. The firm has a market cap of C$32.23 billion, a price-to-earnings ratio of 16.18, a P/E/G ratio of 1.58 and a beta of 1.48. Pembina Pipeline Co. has a 1 year low of C$46.71 and a 1 year high of C$60.72.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Wells Fargo & Company cut Pembina Pipeline from an "overweight" rating to an "equal weight" rating and reduced their price objective for the stock from C$63.00 to C$57.00 in a research note on Wednesday, December 18th. Citigroup raised Pembina Pipeline from a "neutral" rating to a "buy" rating in a research report on Monday, March 10th. UBS Group lowered their price target on Pembina Pipeline from C$62.00 to C$57.00 in a research report on Wednesday, March 5th. TD Securities set a C$66.00 price objective on shares of Pembina Pipeline and gave the company a "buy" rating in a research report on Wednesday, January 15th. Finally, Raymond James raised their target price on shares of Pembina Pipeline from C$62.00 to C$63.00 in a report on Monday, March 3rd. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$59.31.

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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.