Pembina Pipeline (TSE:PPL) PT Set at C$63.00 by Barclays

Pembina Pipeline (TSE:PPL) (NYSE:PBA) received a C$63.00 price objective from stock analysts at Barclays in a research report issued on Thursday, Marketbeat Ratings reports. The brokerage currently has an “overweight” rating on the stock. Barclays‘s price objective points to a potential upside of 15.36% from the company’s previous close.

PPL has been the topic of a number of other reports. Raymond James set a C$63.00 price objective on Pembina Pipeline and gave the company an “outperform” rating in a report on Friday, October 11th. UBS Group raised Pembina Pipeline to a “hold” rating in a report on Wednesday, September 11th. National Bankshares increased their target price on Pembina Pipeline from C$53.00 to C$57.00 and gave the stock a “sector perform” rating in a report on Friday, August 23rd. Citigroup raised their price target on Pembina Pipeline from C$53.00 to C$56.00 in a research report on Wednesday, August 28th. Finally, BMO Capital Markets raised their price target on Pembina Pipeline from C$56.00 to C$58.00 in a research report on Thursday, September 5th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$59.07.

Pembina Pipeline Stock Down 0.6 %

PPL stock opened at C$54.61 on Thursday. The company has a current ratio of 0.69, a quick ratio of 0.50 and a debt-to-equity ratio of 77.50. The firm has a market capitalization of C$31.69 billion, a PE ratio of 16.76, a PEG ratio of 1.58 and a beta of 1.48. Pembina Pipeline has a 1-year low of C$43.64 and a 1-year high of C$60.72. The business’s 50 day simple moving average is C$57.95 and its 200 day simple moving average is C$54.43.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last issued its quarterly earnings data on Tuesday, November 5th. The company reported C$0.60 EPS for the quarter, missing analysts’ consensus estimates of C$0.79 by C($0.19). Pembina Pipeline had a net margin of 20.60% and a return on equity of 11.89%. The firm had revenue of C$1.84 billion during the quarter, compared to analyst estimates of C$2.03 billion. As a group, research analysts anticipate that Pembina Pipeline will post 3.439908 EPS for the current year.

Pembina Pipeline Company Profile

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.