Pembina Pipeline Co. (TSE:PPL) Senior Officer J. Scott Burrows Purchases 5,150 Shares of Stock

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) Senior Officer J. Scott Burrows bought 5,150 shares of the business’s stock in a transaction that occurred on Wednesday, March 15th. The shares were bought at an average cost of C$35.10 per share, for a total transaction of C$180,765.00.

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

• On Friday, March 14th, J. Scott Burrows bought 12,087 shares of Pembina Pipeline stock. The shares were bought at an average cost of C$54.05 per share, for a total transaction of C$653,302.35.

Pembina Pipeline Stock Performance

TSE:PPL opened at C$52.12 on Wednesday. The company has a debt-to-equity ratio of 78.68, a quick ratio of 0.50 and a current ratio of 0.65. Pembina Pipeline Co. has a 52-week low of C$48.35 and a 52-week high of C$60.72. The firm has a market cap of C$30.13 billion, a price-to-earnings ratio of 15.13, a PEG ratio of 1.58 and a beta of 1.48. The business’s fifty day moving average is C$52.76 and its 200 day moving average is C$53.74.

Analyst Ratings Changes

Several research analysts have weighed in on PPL shares. Citigroup raised Pembina Pipeline from a “neutral” rating to a “buy” rating in a research report on Monday, March 10th. Royal Bank of Canada cut their price objective on Pembina Pipeline from C$65.00 to C$62.00 in a research report on Monday, May 12th. UBS Group cut their price objective on Pembina Pipeline from C$62.00 to C$57.00 in a research report on Wednesday, March 5th. JPMorgan Chase & Co. cut their price objective on Pembina Pipeline from C$62.00 to C$59.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 15th. Finally, Raymond James boosted their price objective on Pembina Pipeline from C$62.00 to C$63.00 in a research report on Monday, March 3rd. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$59.36.

About Pembina Pipeline

Pembina Pipeline is midstream company serving the Canadian and North American ( primarily Bakken) markets with an integrated product portfolio. The firms’ assets include pipelines and gas gathering, as well as assets across fractionation, storage, and propane exports.