Pembina Pipeline Co. (TSE:PPL - Get Free Report) (NYSE:PBA) Director Andy Mah acquired 4,105 shares of the firm's stock in a transaction dated Wednesday, April 9th. The stock was bought at an average price of C$48.84 per share, with a total value of C$200,488.20.
Pembina Pipeline Stock Up 1.0 %
Shares of TSE PPL opened at C$50.88 on Thursday. The company has a market capitalization of C$29.41 billion, a price-to-earnings ratio of 14.77, a price-to-earnings-growth ratio of 1.58 and a beta of 1.48. 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 business has a 50-day moving average of C$54.03 and a two-hundred day moving average of C$55.23. Pembina Pipeline Co. has a 1 year low of C$46.71 and a 1 year high of C$60.72.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on PPL. Barclays set a C$63.00 target price on shares of Pembina Pipeline and gave the stock an "overweight" rating in a research report on Thursday, December 12th. TD Securities set a C$66.00 price objective on shares of Pembina Pipeline and gave the company a "buy" rating in a report on Wednesday, January 15th. UBS Group cut their price objective on shares of Pembina Pipeline from C$62.00 to C$57.00 in a research report on Wednesday, March 5th. Raymond James increased their price objective on shares of Pembina Pipeline from C$62.00 to C$63.00 in a research report on Monday, March 3rd. Finally, Wells Fargo & Company downgraded shares of Pembina Pipeline from an "overweight" rating to an "equal weight" rating and reduced their price target for the company from C$63.00 to C$57.00 in a research note on Wednesday, December 18th. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of C$59.31.
Read Our Latest Stock Report on Pembina Pipeline
About Pembina Pipeline
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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.
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