RBC Capital Reaffirms Their Buy Rating on Pembina Pipeline (PBA)
RBC Capital analyst Maurice Choy maintained a Buy rating on Pembina Pipeline yesterday and set a price target of C$64.00.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
According to TipRanks, Choy is a 5-star analyst with an average return of 16.4% and a 78.80% success rate. Choy covers the Utilities sector, focusing on stocks such as Brookfield Infrastructure, TransAlta, and Fortis.
In addition to RBC Capital, Pembina Pipeline also received a Buy from ATB Cormark Capital Markets’s Nate Heywood in a report issued on April 23. However, on April 9, J.P. Morgan maintained a Hold rating on Pembina Pipeline (NYSE: PBA).
The company has a one-year high of C$64.27 and a one-year low of C$48.74. Currently, Pembina Pipeline has an average volume of 2.52M.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PBA in relation to earlier this year.
Read More on PBA:
Disclaimer & DisclosureReport an Issue
- Apollo Global to acquire 40% stake in Pembina Gas Infrastructure
- Pembina Pipeline price target raised to C$63 from C$60 at BMO Capital
- Pembina Pipeline price target raised to C$65 from C$63 at TD Securities
- Pembina Pipeline price target raised to C$63 from C$62 at Barclays
- Hold Rating Maintained on Pembina Pipeline Amid Modest Growth Outlook and Execution Risk
