Pembina Pipeline Co. (TSE:PPL) Senior Officer J. Scott Burrows Purchases 12,087 Shares

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) Senior Officer J. Scott Burrows bought 12,087 shares of the stock in a transaction on Friday, March 14th. The shares were acquired at an average cost of C$54.05 per share, with a total value of C$653,302.35.

J. Scott Burrows also recently made the following trade(s):

• On Monday, March 3rd, J. Scott Burrows sold 18,106 shares of Pembina Pipeline stock. The stock was sold at an average price of C$55.43, for a total transaction of C$1,003,615.58.

Pembina Pipeline Trading Up 0.7 %

Shares of TSE:PPL opened at C$55.96 on Friday. The company’s 50-day moving average price is C$53.14 and its two-hundred day moving average price is C$55.16. The company has a debt-to-equity ratio of 78.68, a current ratio of 0.65 and a quick ratio of 0.50. Pembina Pipeline Co. has a one year low of C$46.71 and a one year high of C$60.72. The stock has a market capitalization of C$32.35 billion, a PE ratio of 16.24, a price-to-earnings-growth ratio of 1.58 and a beta of 1.48.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. TD Securities set a C$66.00 target price on shares of Pembina Pipeline and gave the stock a “buy” rating in a report on Wednesday, January 15th. Citigroup raised shares of Pembina Pipeline from a “neutral” rating to a “buy” rating in a research report on Monday, March 10th. UBS Group reduced their price target on shares of Pembina Pipeline from C$62.00 to C$57.00 in a research report on Wednesday, March 5th. BMO Capital Markets reduced their price target on shares of Pembina Pipeline from C$61.00 to C$59.00 in a research report on Friday, December 13th. Finally, Raymond James lifted their price target on shares of Pembina Pipeline from C$62.00 to C$63.00 in a research report on Monday, March 3rd. Five investment 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. Based on data from MarketBeat.com, Pembina Pipeline currently 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.