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

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

Pembina Pipeline Price Performance

Shares of Pembina Pipeline stock opened at C$55.72 on Thursday. The firm has a fifty day simple moving average of C$53.04 and a 200-day simple moving average of C$55.14. The company has a current ratio of 0.65, a quick ratio of 0.50 and a debt-to-equity ratio of 78.68. Pembina Pipeline Co. has a 1-year low of C$46.71 and a 1-year high of C$60.72. The stock has a market capitalization of C$32.21 billion, a price-to-earnings ratio of 16.17, a PEG ratio of 1.58 and a beta of 1.48.

Analysts Set New Price Targets

Several research firms recently commented on PPL. BMO Capital Markets decreased their price target on shares of Pembina Pipeline from C$61.00 to C$59.00 in a report on Friday, December 13th. Citigroup upgraded shares of Pembina Pipeline from a “neutral” rating to a “buy” rating in a report on Monday. Barclays set a C$63.00 price target on shares of Pembina Pipeline and gave the stock an “overweight” rating in a report on Thursday, December 12th. TD Securities set a C$66.00 price target on shares of Pembina Pipeline and gave the stock a “buy” rating in a report on Wednesday, January 15th. Finally, Wells Fargo & Company cut shares of Pembina Pipeline from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from C$63.00 to C$57.00 in a report on Wednesday, December 18th. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Pembina Pipeline presently has a consensus rating of “Moderate Buy” and an average price target 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.