The stock of Pembina Pipeline Corp (TSE:PPL) is a huge mover today! About 113,757 shares traded hands. Pembina Pipeline Corp (TSE:PPL) has risen 8.52% since April 12, 2016 and is uptrending. It has outperformed by 3.84% the S&P500.
The move comes after 7 months negative chart setup for the $14.34B company. It was reported on Nov, 16 by Barchart.com. We have $35.85 PT which if reached, will make TSE:PPL worth $717.00 million less.
Pembina Pipeline Corp (TSE:PPL) Ratings Coverage
Out of 5 analysts covering Pembina Pipeline Corporation (TSE:PPL), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $47 is the highest target while $36 is the lowest. The $43.56 average target is 15.42% above today’s ($37.74) stock price. Pembina Pipeline Corporation has been the topic of 24 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock of Pembina Pipeline Corp (TSE:PPL) has “Outperform” rating given on Friday, August 7 by Scotia Capital. On Friday, November 20 the stock rating was reinitiated by National Bank Canada with “Outperform”. Scotia Capital maintained Pembina Pipeline Corp (TSE:PPL) on Friday, November 4 with “Outperform” rating. Raymond James maintained Pembina Pipeline Corp (TSE:PPL) rating on Monday, June 6. Raymond James has “” rating and $43 price target. Scotia Capital maintained the shares of PPL in a report on Saturday, August 8 with “Sector Outperform” rating. On Tuesday, August 11 the stock rating was maintained by IBC with “Outperform”. GMP Securities initiated the stock with “Buy” rating in Monday, June 27 report. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, November 20. As per Monday, August 10, the company rating was maintained by RBC Capital Markets. BMO Capital Markets initiated the shares of PPL in a report on Thursday, February 4 with “Outperform” rating.
More important recent Pembina Pipeline Corp (TSE:PPL) news were published by: Fool.com which released: “Pembina Pipeline Corp.’s Earnings and Development Plans Remain on Track” on November 09, 2016, also Fool.ca published article titled: “Did Pembina Pipeline Corp. Deserve to Rise 40%?”, Forbes.com published: “Ex-Div Reminder for Pembina Pipeline (PPL)” on July 19, 2016. More interesting news about Pembina Pipeline Corp (TSE:PPL) was released by: Fool.ca and their article: “The Case to Buy Pembina Pipeline Corp. Today” with publication date: March 29, 2016.
Pembina Pipeline Corporation is a transportation and midstream service provider. The company has a market cap of $14.34 billion. The Firm operates through four divisions: Conventional Pipelines, Oil Sands & Heavy Oil, Gas Services and Midstream. It has a 36.69 P/E ratio. 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.
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