Scotiabank Issues Pessimistic Estimate for TSE:PPL Earnings

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) – Research analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for Pembina Pipeline in a research note issued on Wednesday, August 19th. Scotiabank analyst R. Hope now expects that the company will post earnings of $3.26 per share for the year, down from their previous forecast of $3.31. 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 $3.26 EPS.

PPL has been the subject of several other research reports. Barclays upped their price target on shares of Pembina Pipeline from C$63.00 to C$69.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. BMO Capital Markets raised their price objective on shares of Pembina Pipeline from C$68.00 to C$72.00 and gave the stock a “market perform” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. lifted their price objective on shares of Pembina Pipeline from C$64.00 to C$67.00 in a research note on Friday, May 15th. Scotia upped their target price on shares of Pembina Pipeline from C$65.00 to C$69.00 and gave the company a “sector outperform” rating in a report on Friday, July 3rd. Finally, National Bank Financial increased their target price on shares of Pembina Pipeline from C$63.00 to C$71.00 and gave the stock an “outperform” rating in a research note on Monday, June 1st. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Pembina Pipeline presently has a consensus rating of “Moderate Buy” and an average target price of C$68.86.

Pembina Pipeline Stock Performance

Shares of PPL opened at C$66.57 on Monday. The company has a current ratio of 0.62, a quick ratio of 0.50 and a debt-to-equity ratio of 80.92. The firm has a market cap of C$38.71 billion, a PE ratio of 23.44, a price-to-earnings-growth ratio of 1.58 and a beta of 0.28. The company’s 50 day simple moving average is C$68.17 and its 200-day simple moving average is C$64.46. Pembina Pipeline has a 12-month low of C$50.15 and a 12-month high of C$72.72.

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.