Pembina Pipeline (TSE:PPL) Reaches New 12-Month High – Time to Buy?

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$60.75 and last traded at C$60.41, with a volume of 653926 shares traded. The stock had previously closed at C$60.40.

Pembina Pipeline News Summary

Here are the key news stories impacting Pembina Pipeline this week:

• Positive Sentiment: CIBC raised its price target to C$64.00 and kept an “outperform” rating, implying roughly mid‑single digit upside vs. recent levels — a clear vote of confidence from a major Canadian bank. BayStreet Analyst Ratings
• Positive Sentiment: TD Securities lifted its target to C$63.00 (maintaining a “hold”), signaling modest analyst support for the stock despite not moving to a buy. BayStreet Analyst Ratings
• Positive Sentiment: Pembina green‑lit two new pipeline projects, adding visible growth and volume potential to its asset base — supportive for medium‑term throughput and EBITDA. Pembina Green‑lights Projects (MSN)
• Neutral Sentiment: Pembina filed its 2025 year‑end audited financial statements, MD&A and annual information form — standard disclosure that keeps the company in regulatory compliance and provides detail for analysts. 2025 Year‑End Disclosure Documents (Financial Post)
• Negative Sentiment: Q4 results: Pembina reported C$0.78 EPS on C$1.91B revenue; commentary noted a dip in quarterly earnings which likely disappointed some investors and capped immediate upside. Q4 Results and Business Update (Financial Post)
• Negative Sentiment: BMO Capital Markets downgraded Pembina from “outperform” to “market perform” and set a C$60.00 target, a move that likely pressured sentiment given BMO’s prior constructive stance. BMO Downgrade (TickerReport)

Analyst Ratings Changes

PPL has been the subject of several recent research reports. Canadian Imperial Bank of Commerce increased their price target on Pembina Pipeline from C$61.00 to C$64.00 and gave the company an “outperform” rating in a report on Friday. Raymond James Financial upped their price target on Pembina Pipeline from C$66.00 to C$67.00 in a report on Tuesday, December 16th. National Bank Financial increased their price objective on shares of Pembina Pipeline from C$57.00 to C$60.00 and gave the company an “outperform” rating in a research report on Wednesday, December 17th. Jefferies Financial Group boosted their target price on shares of Pembina Pipeline from C$53.00 to C$57.00 in a research report on Wednesday, February 4th. Finally, ATB Cormark Capital Markets set a C$61.00 target price on shares of Pembina Pipeline and gave the company an “outperform” rating in a research note on Tuesday, December 23rd. Seven investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$59.75.

Pembina Pipeline Stock Down 0.4%

The firm has a fifty day simple moving average of C$55.53 and a 200-day simple moving average of C$54.23. The company has a market capitalization of C$34.83 billion, a PE ratio of 21.41, a P/E/G ratio of 1.58 and a beta of 0.62. The company has a debt-to-equity ratio of 78.68, a quick ratio of 0.50 and a current ratio of 0.65.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last released its quarterly earnings results on Thursday, February 26th. The company reported C$0.78 earnings per share for the quarter. The business had revenue of C$1.91 billion during the quarter. Pembina Pipeline had a net margin of 25.73% and a return on equity of 12.06%. Equities research analysts anticipate that Pembina Pipeline Co. will post 3.439908 EPS for the current fiscal year.

About Pembina Pipeline

Pembina Pipeline Corporation is a leading energy transportation and midstream service provider that has served North America’s energy industry for more than 70 years. Pembina owns an extensive network of strategically located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through our integrated value chain, we seek to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future and benefit our customers, investors, employees and communities.