RBC Capital analyst Robert Kwan maintained a Buy rating on Pembina Pipeline (NYSE:PBA) Cor on Friday, setting a price target of C$40, which is approximately 19.27% above the present share price of $25.07.
Kwan expects Pembina Pipeline Cor to post earnings per share (EPS) of $0.50 for the third quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in Pembina Pipeline, with an average price target of $29.36.
The analysts price targets range from a high of $34.39 to a low of $25.42.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.67 billion and a net profit of $441 million. The company's market cap is $13.78 billion.
According to TipRanks.com, RBC Capital analyst Robert Kwan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.4% and a 71.38% success rate.
Pembina Pipeline Corp . engages in the provision of transportation and midstream services. It operates through the following segment: Pipelines, Facilities, Marketing and New Ventures, and Corporate. The Pipelines segment includes conventional, oil sands and transmission pipeline systems, crude oil storage and terminalling business and related infrastructure. The Facilities segment consists of processing and fractionation facilities and related infrastructure that delivers the firm's customers with natural gas and NGL services. The Marketing and New Ventures segment undertakes value-added commodity marketing activities including buying and selling products and optimizing storage opportunities. The company was founded on September 29, 1954 and is headquartered in Calgary, Canada.