Pembina Pipeline (TSE:PPL) Given New C$60.00 Price Target at National Bankshares

Pembina Pipeline (TSE:PPL) (NYSE:PBA) had its target price increased by stock analysts at National Bankshares from C$57.00 to C$60.00 in a research report issued on Wednesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential upside of 16.57% from the company’s current price.

PPL has been the topic of several other reports. Jefferies Financial Group upped their price target on shares of Pembina Pipeline from C$53.00 to C$54.00 and gave the company a “hold” rating in a report on Wednesday, October 29th. Royal Bank Of Canada set a C$62.00 target price on shares of Pembina Pipeline and gave the stock an “outperform” rating in a research report on Thursday, August 28th. BMO Capital Markets reduced their price target on shares of Pembina Pipeline from C$59.00 to C$58.00 in a research report on Tuesday. Raymond James Financial lifted their price target on Pembina Pipeline from C$66.00 to C$67.00 in a research note on Tuesday. Finally, CIBC cut their price objective on Pembina Pipeline from C$62.00 to C$61.00 in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$58.64.

Pembina Pipeline Stock Up 1.4%

PPL traded up C$0.71 on Wednesday, reaching C$51.47. The company’s stock had a trading volume of 1,354,585 shares, compared to its average volume of 3,308,630. Pembina Pipeline has a 1 year low of C$48.35 and a 1 year high of C$59.20. The business’s 50 day moving average is C$53.71 and its 200 day moving average is C$52.66. The company has a debt-to-equity ratio of 78.68, a current ratio of 0.65 and a quick ratio of 0.50. The stock has a market cap of C$29.90 billion, a price-to-earnings ratio of 18.38, a price-to-earnings-growth ratio of 1.58 and a beta of 0.60.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last posted its quarterly earnings data on Thursday, November 6th. The company reported C$0.43 earnings per share (EPS) for the quarter. Pembina Pipeline had a return on equity of 12.06% and a net margin of 25.73%.The company had revenue of C$1.79 billion for the quarter. As a group, research analysts forecast 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.