Pembina Pipeline Co. (TSE:PPL) Senior Officer Janet C. Loduca Sells 5,338 Shares

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) Senior Officer Janet C. Loduca sold 5,338 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of C$55.46, for a total value of C$296,045.48.

Pembina Pipeline Stock Performance

PPL traded down C$0.40 during trading on Tuesday, hitting C$55.23. The stock had a trading volume of 6,581,372 shares, compared to its average volume of 2,791,297. Pembina Pipeline Co. has a twelve month low of C$46.71 and a twelve month high of C$60.72. The firm has a market capitalization of C$31.93 billion, a P/E ratio of 16.03, a PEG ratio of 1.58 and a beta of 1.48. The company has a debt-to-equity ratio of 78.68, a quick ratio of 0.50 and a current ratio of 0.65. The company’s 50-day moving average price is C$52.95 and its 200 day moving average price is C$55.11.

Analysts Set New Price Targets

PPL has been the subject of several analyst reports. UBS Group lowered their target price on Pembina Pipeline from C$62.00 to C$57.00 in a research note on Wednesday, March 5th. Wells Fargo & Company cut shares of Pembina Pipeline from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from C$63.00 to C$57.00 in a report on Wednesday, December 18th. BMO Capital Markets lowered their price target on shares of Pembina Pipeline from C$61.00 to C$59.00 in a report on Friday, December 13th. TD Securities set a C$66.00 price objective on shares of Pembina Pipeline and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Finally, Barclays set a C$63.00 target price on Pembina Pipeline and gave the company an “overweight” rating in a report on Thursday, December 12th. Five equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$59.31.

Pembina Pipeline Company Profile

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.