Brokerages Set Pembina Pipeline Co. (TSE:PPL) PT at C$58.75

Shares of Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) have received an average rating of “Moderate Buy” from the thirteen analysts that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$58.75.

Several equities analysts have recently commented on PPL shares. TD Securities lowered their price target on shares of Pembina Pipeline from C$60.00 to C$59.00 and set a “buy” rating on the stock in a report on Monday, January 12th. Jefferies Financial Group boosted their target price on Pembina Pipeline from C$53.00 to C$54.00 and gave the company a “hold” rating in a research note on Wednesday, October 29th. ATB Capital set a C$61.00 target price on Pembina Pipeline and gave the stock an “outperform” rating in a research report on Tuesday, December 23rd. Raymond James Financial lifted their price target on Pembina Pipeline from C$66.00 to C$67.00 in a report on Tuesday, December 16th. Finally, National Bankshares increased their price objective on Pembina Pipeline from C$57.00 to C$60.00 and gave the stock an “outperform” rating in a report on Wednesday, December 17th.

Pembina Pipeline Stock Up 1.2%

Shares of Pembina Pipeline stock opened at C$54.10 on Thursday. Pembina Pipeline has a 1 year low of C$48.35 and a 1 year high of C$59.20. The company has a market cap of C$31.43 billion, a P/E ratio of 19.32, a P/E/G ratio of 1.58 and a beta of 0.54. 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 50-day moving average price of C$52.94 and a 200 day moving average price of C$52.74.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last issued its earnings results on Thursday, November 6th. The company reported C$0.43 earnings per share for the quarter. The company had revenue of C$1.79 billion for the quarter. Pembina Pipeline had a return on equity of 12.06% and a net margin of 25.73%. As a group, analysts expect that Pembina Pipeline will post 3.439908 EPS for the current fiscal year.

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.