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 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 Price Performance

PPL opened at C$55.58 on Friday. The stock has a fifty day simple moving average of C$53.09 and a two-hundred day simple moving average of C$55.15. The company has a current ratio of 0.65, a quick ratio of 0.50 and a debt-to-equity ratio of 78.68. The company has a market cap of C$32.13 billion, a price-to-earnings ratio of 16.13, a price-to-earnings-growth ratio of 1.58 and a beta of 1.48. Pembina Pipeline Co. has a 12-month low of C$46.71 and a 12-month high of C$60.72.

Analyst Upgrades and Downgrades

PPL has been the subject of a number of analyst reports. Raymond James increased their price objective on Pembina Pipeline from C$62.00 to C$63.00 in a research note on Monday, March 3rd. TD Securities set a C$66.00 price objective on Pembina Pipeline and gave the company a “buy” rating in a research note on Wednesday, January 15th. Wells Fargo & Company lowered Pembina Pipeline from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from C$63.00 to C$57.00 in a research note on Wednesday, December 18th. Barclays set a C$63.00 price objective on Pembina Pipeline and gave the company an “overweight” rating in a research note on Thursday, December 12th. Finally, UBS Group dropped their price objective 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 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.

About Pembina Pipeline

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.