Pembina Pipeline Corp (TSE:PPL) (NYSE:PBA) had its target price upped by equities researchers at TD Securities from C$52.00 to C$53.00 in a research report issued on Monday. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 18.09% from the stock’s current price.

Several other research analysts have also recently commented on PPL. National Bank Financial boosted their price target on shares of Pembina Pipeline Corp from C$50.00 to C$51.00 and gave the stock an “outperform” rating in a report on Friday. AltaCorp Capital upgraded shares of Pembina Pipeline Corp from a “sector perform” rating to an “outperform” rating in a report on Wednesday, July 19th. J P Morgan Chase & Co upped their target price on shares of Pembina Pipeline Corp from C$52.00 to C$53.00 in a report on Tuesday, September 26th. CIBC upped their target price on shares of Pembina Pipeline Corp from C$49.00 to C$50.00 and gave the company an “outperform” rating in a report on Tuesday, October 3rd. Finally, Scotiabank upped their target price on shares of Pembina Pipeline Corp from C$49.00 to C$50.00 and gave the company an “outperform” rating in a report on Wednesday, October 4th. Nine research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and a consensus target price of C$50.56.

Pembina Pipeline Corp (PPL) traded up C$0.48 during midday trading on Monday, reaching C$44.88. 574,837 shares of the company’s stock traded hands.

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In other Pembina Pipeline Corp news, insider Michael H. Dilger purchased 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The stock was purchased at an average price of C$32.32 per share, for a total transaction of C$323,200.00.

Pembina Pipeline Corp Company Profile

Pembina Pipeline Corporation is an energy transportation and service provider. The Company operates through four segments. The Conventional Pipelines segment consists of the tariff-based operations of pipelines and related facilities to deliver crude oil, condensate and natural gas liquids (NGL) in Alberta, British Columbia, Saskatchewan, and North Dakota, United States.

Analyst Recommendations for Pembina Pipeline Corp (TSE:PPL)

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