Pembina Pipeline (PPL) Stock Forecast & Price Target

C$58.22

-0.01 (-0.02%)

(As of 04:29 PM 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

Moderate Buy

Based on 12 Analyst Ratings

Sell
0

Hold
5

Buy
7

Based on 12 Wall Street analysts who have issued ratings for Pembina Pipeline in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 5 have given a hold rating, and 7 have given a buy rating for PPL.

Consensus Price Target

C$57.92
-0.51% Downside

According to the 12 analysts' twelve-month price targets for Pembina Pipeline, the average price target is C$57.92. The highest price target for PPL is C$65.00, while the lowest price target for PPL is C$55.00. The average price target represents a forecasted downside of -0.51% from the current price of C$58.22.

Get the Latest News and Ratings for PPL and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Pembina Pipeline and its competitors.

PPL Analyst Ratings Over Time

Type	Current Forecast 10/11/23 to 10/10/24	1 Month Ago 9/11/23 to 9/10/24	3 Months Ago 7/13/23 to 7/12/24	1 Year Ago 10/11/22 to 10/11/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)
Hold	5 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$57.92	C$56.77	C$54.77	C$49.93
Forecasted Upside	-0.51% Downside	2.77% Upside	6.37% Upside	20.72% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

Musk Says ‘Dollar Will Be Worth Nothing…’ (Ad)

Elon Musk just issued an urgent warning… It's no secret that Musk is able to move markets with his words…

All you have to do is claim your free ticket to the event now…

PPL 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.

PPL 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	Energy Companies
Consensus Rating Score	2.58	2.81
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent PPL 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
10/3/2024	Royal Bank of Canada 4 of 5 stars		Boost Target	Outperform	C$60.00 ➝ C$65.00	+13.50%
10/3/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Hold	C$60.00 ➝ C$62.00	+8.26%
9/11/2024	UBS Group 4 of 5 stars	M. Gupta Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
9/5/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$56.00 ➝ C$58.00	+5.44%
8/28/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$53.00 ➝ C$56.00	+4.85%
8/23/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	C$53.00 ➝ C$57.00	+5.91%
Get the Latest News and Ratings for PPL and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Pembina Pipeline and its competitors with MarketBeat's FREE daily newsletter.
7/29/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$56.00 ➝ C$58.00	+10.25%
7/24/2024	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$56.00 ➝ C$58.00	+9.56%
7/15/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$59.00 ➝ C$60.00	+16.32%
7/5/2024	Tudor Pickering & Holt Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$55.00 ➝ C$56.00	+9.78%
5/19/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Hope Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Strong-Buy ➝ Sector Perform	C$55.00 ➝ C$56.00	+11.33%
5/14/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$53.00 ➝ C$56.00	+11.18%
4/19/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$55.00 ➝ C$56.00	+16.40%
3/7/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$52.00 ➝ C$55.00	+14.42%
8/16/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$52.00 ➝ C$51.00	+24.79%
4/20/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$52.00 ➝ C$49.00	+10.88%
3/29/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$55.00 ➝ C$53.00	+22.94%
12/13/2022	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform	C$46.00 ➝ C$47.00	-0.80%
12/9/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral	C$52.00	+12.14%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:22 PM ET.

Should I Buy Pembina Pipeline Stock? PPL Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 30, 2024. Please send any questions or comments about these Pembina Pipeline pros and cons to contact@marketbeat.com.

Pembina Pipeline
Bull Case

Here are some ways that investors could benefit from investing in Pembina Pipeline Co.:

Pembina Pipeline Co. has a consistent track record of paying dividends, with a current annualized dividend yield of 4.97%. This can provide investors with a steady income stream.
The company's return on equity of 11.89% indicates efficient utilization of shareholder funds to generate profits.
Recent insider selling activities may suggest that the stock is currently undervalued, presenting a potential buying opportunity for investors.
Pembina Pipeline Co. operates in the energy transportation and midstream services sector, which can offer stability and long-term growth potential due to the essential nature of these services.
Despite missing earnings estimates by a small margin, the company's net margin of 20.60% demonstrates strong profitability.

Pembina Pipeline
Bear Case

Investors should be bearish about investing in Pembina Pipeline Co. for these reasons:

The company's recent earnings per share missing analyst estimates could indicate potential challenges in meeting future financial expectations, which may impact stock performance.
Analysts expect Pembina Pipeline Co. to post lower EPS for the current fiscal year compared to previous estimates, which could lead to downward pressure on the stock price.
Senior officers selling significant amounts of company stock may raise concerns about their confidence in the company's future performance, potentially signaling underlying issues.
The revenue for the quarter was below analyst estimates, suggesting possible revenue growth challenges that could affect the company's overall financial health.
While the dividend payout ratio is high at 84.66%, it may limit the company's ability to reinvest in growth opportunities, potentially impacting long-term shareholder value.

PPL Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Pembina Pipeline is C$57.92, with a high forecast of C$65.00 and a low forecast of C$55.00.
: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pembina Pipeline in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PPL shares.
: According to analysts, Pembina Pipeline's stock has a predicted downside of -0.51% based on their 12-month stock forecasts.
: Over the previous 90 days, Pembina Pipeline's stock had 1 upgrade by analysts.
: Pembina Pipeline has been rated by research analysts at ATB Capital, BMO Capital Markets, CIBC, Citigroup, Jefferies Financial Group, JPMorgan Chase & Co., National Bankshares, Royal Bank of Canada, and UBS Group in the past 90 days.
: Analysts like Pembina Pipeline less than other "energy" companies. The consensus rating score for Pembina Pipeline is 2.58 while the average consensus rating score for "energy" companies is 2.81. Learn more on how PPL compares to other companies.

Stock Forecasts and Research Tools

Related Companies:

Today's Ratings:

Top Rated Stocks:

More Ratings Tools:

Have you heard of Donald Trump’s Project Crypto? (Ad)

Donald Trump wants to be America’s first crypto president. He was the keynote speaker at the recent Bitcoin conference in Nashville … Where he told an adoring crowd that the U.S. would become … “The crypto capital of the planet and the Bitcoin superpower of the world.”

Learn More Here

This page (TSE:PPL) was last updated on 10/10/2024 by MarketBeat.com Staff

From Our Partners