Insider Buying: Pembina Pipeline Co. (TSE:PPL) Director Buys 1,984 Shares of Stock

Pembina Pipeline Co. (TSE:PPL - Get Free Report) (NYSE:PBA) Director Henry William Sykes purchased 1,984 shares of the business's stock in a transaction that occurred on Tuesday, April 9th. The stock was acquired at an average cost of C$48.44 per share, with a total value of C$96,098.02.

Pembina Pipeline Price Performance

Pembina Pipeline stock opened at C$48.19 on Wednesday. The firm has a market capitalization of C$26.48 billion, a P/E ratio of 16.12, a PEG ratio of 4.80 and a beta of 1.48. Pembina Pipeline Co. has a 1 year low of C$38.79 and a 1 year high of C$48.97. The business has a 50-day moving average of C$46.98 and a 200-day moving average of C$45.08. The company has a current ratio of 0.82, a quick ratio of 0.50 and a debt-to-equity ratio of 70.47.

Pembina Pipeline (TSE:PPL - Get Free Report) (NYSE:PBA) last posted its earnings results on Thursday, February 22nd. The company reported C$1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.75 by C$0.46. The company had revenue of C$2.47 billion during the quarter, compared to analyst estimates of C$2.47 billion. Pembina Pipeline had a return on equity of 11.24% and a net margin of 19.46%. On average, equities analysts anticipate that Pembina Pipeline Co. will post 3.0374298 EPS for the current year.

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A number of research analysts recently issued reports on PPL shares. TD Securities lifted their price target on Pembina Pipeline from C$52.00 to C$53.00 and gave the company a "buy" rating in a report on Friday, April 5th. National Bankshares boosted their price objective on Pembina Pipeline from C$46.00 to C$50.00 and gave the stock a "sector perform" rating in a report on Tuesday, January 30th. BMO Capital Markets boosted their price objective on Pembina Pipeline from C$52.00 to C$53.00 in a report on Friday, February 23rd. CIBC boosted their price objective on Pembina Pipeline from C$55.00 to C$56.00 and gave the stock an "outperform" rating in a report on Monday, February 26th. Finally, ATB Capital boosted their price objective on Pembina Pipeline from C$55.00 to C$56.00 in a report on Friday, April 5th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Pembina Pipeline presently has an average rating of "Moderate Buy" and an average target price of C$52.35.

Check Out Our Latest Stock Report on PPL

About Pembina Pipeline

(Get Free Report)

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.

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