Scotiabank Increases Earnings Estimates for Pembina Pipeline

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) – Stock analysts at Scotiabank raised their FY2026 EPS estimates for shares of Pembina Pipeline in a research report issued on Tuesday, August 4th. Scotiabank analyst R. Hope now expects that the company will post earnings per share of $3.31 for the year, up from their previous estimate of $3.30. Scotiabank has a “Hold” rating and a $73.00 price objective on the stock. The consensus estimate for Pembina Pipeline’s current full-year earnings is $3.44 per share. Scotiabank also issued estimates for Pembina Pipeline’s FY2027 earnings at $3.30 EPS.

A number of other brokerages also recently issued reports on PPL. TD upgraded Pembina Pipeline from a “hold” rating to a “buy” rating and upped their price objective for the company from C$65.00 to C$75.00 in a research note on Tuesday, May 26th. Citigroup cut Pembina Pipeline from a “strong-buy” rating to a “hold” rating and lifted their target price for the stock from C$63.00 to C$70.00 in a research note on Monday, May 18th. National Bank Financial boosted their price target on shares of Pembina Pipeline from C$63.00 to C$71.00 and gave the stock an “outperform” rating in a report on Monday, June 1st. TD Securities upgraded shares of Pembina Pipeline from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. Finally, Scotia raised their price objective on shares of Pembina Pipeline from C$65.00 to C$69.00 and gave the stock a “sector outperform” rating in a report on Friday, July 3rd. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Pembina Pipeline currently has an average rating of “Moderate Buy” and an average price target of C$68.86.

Pembina Pipeline Stock Performance

Shares of PPL opened at C$67.37 on Friday. The stock has a 50 day moving average of C$68.07 and a 200 day moving average of C$63.37. The company has a market capitalization of C$39.18 billion, a price-to-earnings ratio of 23.72, a PEG ratio of 1.58 and a beta of 0.28. Pembina Pipeline has a 12 month low of C$48.74 and a 12 month high of C$72.72. The company has a current ratio of 0.62, a quick ratio of 0.50 and a debt-to-equity ratio of 80.92.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last announced its earnings results on Thursday, May 7th. The company reported C$0.81 earnings per share for the quarter. The firm had revenue of C$2.11 billion for the quarter. Pembina Pipeline had a return on equity of 10.54% and a net margin of 22.64%.

Pembina Pipeline Company Profile

Pembina Pipeline Corporation is a leading energy transportation and midstream service provider that has served North America’s energy industry for more than 70 years. Pembina owns an extensive network of strategically located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through our integrated value chain, we seek to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future and benefit our customers, investors, employees and communities.