A Reversal for Pembina Pipeline Corp Is Not Near. The Stock Rises Again

 A Reversal for Pembina Pipeline Corp Is Not Near. The Stock Rises Again

The stock of Pembina Pipeline Corp (TSE:PPL) is a huge mover today! About 237,978 shares traded hands. Pembina Pipeline Corp (TSE:PPL) has risen 1.88% since April 26, 2016 and is uptrending. It has underperformed by 3.35% the S&P500.
The move comes after 8 months positive chart setup for the $15.38 billion company. It was reported on Nov, 30 by Barchart.com. We have $42.30 PT which if reached, will make TSE:PPL worth $1.23 billion more.

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 11.21% above today’s ($39.17) 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 “” rating given on Monday, June 6 by Raymond James. The stock of Pembina Pipeline Corp (TSE:PPL) earned “Sector Outperform” rating by Scotia Capital on Saturday, August 8. The rating was maintained by Scotia Capital on Friday, November 4 with “Outperform”. The stock has “Buy” rating given by TD Securities on Monday, August 10. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, November 20. National Bank Canada reinitiated the shares of PPL in a report on Friday, November 20 with “Outperform” rating. RBC Capital Markets maintained Pembina Pipeline Corp (TSE:PPL) on Monday, August 10 with “Outperform” rating. The rating was maintained by Scotia Capital with “Outperform” on Friday, August 7. As per Tuesday, August 11, the company rating was maintained by IBC. The rating was initiated by BMO Capital Markets on Thursday, February 4 with “Outperform”.

More recent Pembina Pipeline Corp (TSE:PPL) news were published by: Fool.ca which released: “Did Pembina Pipeline Corp. Deserve to Rise 40%?” on September 22, 2016. Also Fool.ca published the news titled: “The Case to Buy Pembina Pipeline Corp. Today” on March 29, 2016. Fool.ca‘s news article titled: “Does Pembina Pipeline Corp. or Inter Pipeline Ltd. Have the Better Dividend?” with publication date: March 11, 2016 was also an interesting one.

Pembina Pipeline Corporation is a transportation and midstream service provider. The company has a market cap of $15.38 billion. The Firm operates through four divisions: Conventional Pipelines, Oil Sands & Heavy Oil, Gas Services and Midstream. It has a 38.08 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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