Pembina Pipeline (PPL) PT Raised to C$52.00 at National Bank Financial
Pembina Pipeline (TSE:PPL) (NYSE:PBA) had its target price raised by investment analysts at National Bank Financial from C$51.00 to C$52.00 in a report issued on Thursday. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 16.67% from the stock’s previous close.
A number of other research firms also recently commented on PPL. TD Securities lifted their target price on Pembina Pipeline from C$52.00 to C$53.00 and gave the stock a “buy” rating in a report on Monday, November 6th. Scotiabank boosted their price target on Pembina Pipeline from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 4th. CIBC upped their target price on Pembina Pipeline from C$49.00 to C$50.00 and gave the company an “outperform” rating in a report on Tuesday, October 3rd. Finally, J P Morgan Chase & Co increased their price target on Pembina Pipeline from C$52.00 to C$53.00 in a research report on Tuesday, September 26th. Nine equities research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average price target of C$50.67.
Pembina Pipeline (TSE PPL) opened at C$44.57 on Thursday. Pembina Pipeline has a 52 week low of C$39.03 and a 52 week high of C$46.17.
About Pembina Pipeline
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.
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