Pembina Pipeline Corp (PPL) Receives C$54.38 Consensus Target Price from Analysts

Pembina Pipeline Corp (TSE:PPL) (NYSE:PBA) has earned a consensus rating of “Buy” from the thirteen analysts that are covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$54.38.

PPL has been the subject of a number of research analyst reports. Raymond James upped their price target on Pembina Pipeline from C$49.00 to C$50.00 in a report on Friday, October 5th. BMO Capital Markets upped their price target on Pembina Pipeline from C$50.00 to C$52.00 in a report on Tuesday, September 11th. JPMorgan Chase & Co. upped their price target on Pembina Pipeline from C$55.00 to C$57.00 in a report on Thursday, September 27th. GMP Securities upped their price target on Pembina Pipeline from C$56.50 to C$57.00 in a report on Tuesday, September 25th. Finally, CIBC lowered their price target on Pembina Pipeline from C$52.00 to C$51.00 in a report on Wednesday, October 24th.

PPL stock opened at C$40.33 on Wednesday. The company has a quick ratio of 0.50, a current ratio of 0.70 and a debt-to-equity ratio of 53.72. Pembina Pipeline has a fifty-two week low of C$37.60 and a fifty-two week high of C$47.84.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last released its earnings results on Thursday, November 1st. The company reported C$0.60 earnings per share for the quarter, mi....

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