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Pembina Pipeline (PBA) Gets a Hold from Jefferies

Tipranks - Tue May 19, 3:08AM CDT

Jefferies analyst Sam Burwell maintained a Hold rating on Pembina Pipeline yesterday and set a price target of C$67.00.

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Burwell covers the Energy sector, focusing on stocks such as Pembina Pipeline, Whitecap Resources, and Tourmaline Oil. According to TipRanks, Burwell has an average return of 18.6% and a 73.41% success rate on recommended stocks.

In addition to Jefferies, Pembina Pipeline also received a Hold from J.P. Morgan’s Jeremy Tonet in a report issued on May 15. However, on May 11, RBC Capital maintained a Buy rating on Pembina Pipeline (NYSE: PBA).

PBA market cap is currently C$39.15B and has a P/E ratio of 18.16.

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.

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