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 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 Stock Performance

Shares of PPL opened at C$55.72 on Thursday. Pembina Pipeline Co. has a one year low of C$46.71 and a one year high of C$60.72. The company has a 50-day moving average of C$53.04 and a two-hundred day moving average of C$55.14. The stock has a market cap 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. The company has a debt-to-equity ratio of 78.68, a current ratio of 0.65 and a quick ratio of 0.50.

Analyst Ratings Changes

A number of brokerages recently issued reports on PPL. Raymond James increased their target price on shares of Pembina Pipeline from C$62.00 to C$63.00 in a research report on Monday, March 3rd. Barclays set a C$63.00 target price on shares of Pembina Pipeline and gave the company an “overweight” rating in a research report on Thursday, December 12th. Citigroup upgraded shares of Pembina Pipeline from a “neutral” rating to a “buy” rating in a research report on Monday. Wells Fargo & Company lowered shares of Pembina Pipeline from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from C$63.00 to C$57.00 in a research report on Wednesday, December 18th. Finally, UBS Group decreased their target price on shares of Pembina Pipeline from C$62.00 to C$57.00 in a research report on Wednesday, March 5th. Five equities research 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. According to data from MarketBeat.com, Pembina Pipeline has an average rating of “Moderate Buy” and an average price target 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.