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BMO Capital Keeps Their Hold Rating on Pembina Pipeline (PBA)

Tipranks - Wed May 27, 6:20AM CDT

In a report released today, Benjamin Pham from BMO Capital maintained a Hold rating on Pembina Pipeline, with a price target of C$65.00.

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According to TipRanks, Pham is a 5-star analyst with an average return of 10.8% and a 70.61% success rate. Pham covers the Utilities sector, focusing on stocks such as TransAlta, Capital Power, and Algonquin Power & Utilities.

In addition to BMO Capital, Pembina Pipeline also received a Hold from Citi’s Spiro M. Dounis in a report issued on May 18. However, today, TD Cowen upgraded Pembina Pipeline (NYSE: PBA) to a Buy.

PBA market cap is currently C$39.79B 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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