Pembina Pipeline (TSE:PPL) Downgraded by BMO Capital Markets to Hold

BMO Capital Markets downgraded shares of Pembina Pipeline (TSE:PPL) (NYSE:PBA) from an outperform rating to a hold rating in a research report sent to investors on Friday morning, Marketbeat Ratings reports. The brokerage currently has C$60.00 target price on the stock, up from their previous target price of C$58.00.

A number of other research analysts have also recently commented on PPL. TD Securities boosted their price objective on Pembina Pipeline from C$62.00 to C$63.00 and gave the stock a “hold” rating in a research note on Friday. ATB Cormark Capital Markets set a C$61.00 target price on Pembina Pipeline and gave the company an “outperform” rating in a report on Tuesday, December 23rd. Raymond James Financial boosted their price target on Pembina Pipeline from C$66.00 to C$67.00 in a research report on Tuesday, December 16th. National Bank Financial increased their price objective on shares of Pembina Pipeline from C$57.00 to C$60.00 and gave the company an “outperform” rating in a research report on Wednesday, December 17th. Finally, Jefferies Financial Group lifted their price objective on shares of Pembina Pipeline from C$53.00 to C$57.00 in a research note on Wednesday, February 4th. Seven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Pembina Pipeline presently has an average rating of “Moderate Buy” and an average price target of C$59.75.

Pembina Pipeline Trading Down 0.4%

PPL traded down C$0.24 during trading on Friday, hitting C$59.95. 5,387,578 shares of the company’s stock were exchanged, compared to its average volume of 2,453,864. Pembina Pipeline has a 1 year low of C$48.35 and a 1 year high of C$60.75. The stock has a 50 day moving average price of C$55.53 and a 200 day moving average price of C$54.23. The firm has a market cap of C$34.83 billion, a P/E ratio of 21.41, a price-to-earnings-growth ratio of 1.58 and a beta of 0.62. The company has a current ratio of 0.65, a quick ratio of 0.50 and a debt-to-equity ratio of 78.68.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last issued its earnings results on Thursday, February 26th. The company reported C$0.78 EPS for the quarter. Pembina Pipeline had a net margin of 25.73% and a return on equity of 12.06%. The business had revenue of C$1.91 billion for the quarter. As a group, analysts expect that Pembina Pipeline will post 3.439908 EPS for the current fiscal year.

Pembina Pipeline News Summary

Here are the key news stories impacting Pembina Pipeline this week:

• Positive Sentiment: CIBC raised its price target to C$64.00 and kept an “outperform” rating, implying roughly mid‑single digit upside vs. recent levels — a clear vote of confidence from a major Canadian bank. BayStreet Analyst Ratings
• Positive Sentiment: TD Securities lifted its target to C$63.00 (maintaining a “hold”), signaling modest analyst support for the stock despite not moving to a buy. BayStreet Analyst Ratings
• Positive Sentiment: Pembina green‑lit two new pipeline projects, adding visible growth and volume potential to its asset base — supportive for medium‑term throughput and EBITDA. Pembina Green‑lights Projects (MSN)
• Neutral Sentiment: Pembina filed its 2025 year‑end audited financial statements, MD&A and annual information form — standard disclosure that keeps the company in regulatory compliance and provides detail for analysts. 2025 Year‑End Disclosure Documents (Financial Post)
• Negative Sentiment: Q4 results: Pembina reported C$0.78 EPS on C$1.91B revenue; commentary noted a dip in quarterly earnings which likely disappointed some investors and capped immediate upside. Q4 Results and Business Update (Financial Post)
• Negative Sentiment: BMO Capital Markets downgraded Pembina from “outperform” to “market perform” and set a C$60.00 target, a move that likely pressured sentiment given BMO’s prior constructive stance. BMO Downgrade (TickerReport)

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.