Pembina Pipeline Corp (PPL) Given Overweight Rating at JPMorgan Chase & Co.
Other equities research analysts also recently issued reports about the stock. TD Securities upped their price objective on shares of Pembina Pipeline Corp from C$41.00 to C$44.00 and gave the stock a buy rating in a research report on Monday, August 8th. Royal Bank Of Canada upped their price objective on shares of Pembina Pipeline Corp from C$42.00 to C$45.00 and gave the stock an outperform rating in a research report on Tuesday, August 9th. Scotiabank reaffirmed an outperform rating and issued a C$44.00 price objective on shares of Pembina Pipeline Corp in a research report on Monday, August 8th. BMO Capital Markets upped their price objective on shares of Pembina Pipeline Corp from C$40.00 to C$41.00 in a research report on Thursday, July 7th. Finally, CSFB downgraded shares of Pembina Pipeline Corp from an outperform rating to a neutral rating in a research report on Monday, June 20th. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of C$43.69.
Pembina Pipeline Corp (TSE:PPL) traded down 0.25% during midday trading on Thursday, hitting $40.31. 120,805 shares of the stock were exchanged. The firm has a market capitalization of $15.80 billion and a P/E ratio of 37.29. The firm’s 50-day moving average price is $39.65 and its 200 day moving average price is $38.43. Pembina Pipeline Corp has a 1-year low of $26.05 and a 1-year high of $41.00.
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 15th will be given a dividend of $0.16 per share. This represents a $1.92 annualized dividend and a dividend yield of 4.75%. The ex-dividend date of this dividend is Friday, October 21st.
Pembina Pipeline Corp Company Profile
Pembina Pipeline Corporation (Pembina) is a transportation and midstream service provider. The Company operates through four segments: Conventional Pipelines, Oil Sands & Heavy Oil, Gas Services and Midstream. Pembina owns and operates an integrated system of pipelines that transport various hydrocarbon liquids, including conventional and synthetic crude oil, heavy oil and oil sands products, condensate (diluent) and natural gas liquids (NGL) produced in western Canada and ethane produced in North Dakota.
Receive News & Stock Ratings for Pembina Pipeline Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pembina Pipeline Corp and related stocks with our FREE daily email newsletter.