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 company’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of C$55.46, for a total transaction of C$296,045.48.

Pembina Pipeline Stock Performance

Shares of Pembina Pipeline stock opened at C$55.23 on Wednesday. The company has a quick ratio of 0.50, a current ratio of 0.65 and a debt-to-equity ratio of 78.68. Pembina Pipeline Co. has a twelve month low of C$46.71 and a twelve month high of C$60.72. The stock has a market cap of C$31.93 billion, a price-to-earnings ratio of 16.03, a P/E/G ratio of 1.58 and a beta of 1.48. The company’s fifty day moving average is C$52.99 and its 200 day moving average is C$55.13.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Raymond James increased their target price on Pembina Pipeline from C$62.00 to C$63.00 in a research report on Monday, March 3rd. TD Securities set a C$66.00 target price on Pembina Pipeline and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Wells Fargo & Company cut Pembina Pipeline from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from C$63.00 to C$57.00 in a research note on Wednesday, December 18th. BMO Capital Markets cut their price target on Pembina Pipeline from C$61.00 to C$59.00 in a research report on Friday, December 13th. Finally, UBS Group decreased their price target on Pembina Pipeline from C$62.00 to C$57.00 in a research note on Wednesday, March 5th. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus 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.