UBS Group has reduced its price target for Pembina Pipeline (TSE:PPL) from C$62.00 to C$57.00, indicating a potential upside of 5.65%. Other analysts have also adjusted their ratings, with Wells Fargo lowering its rating to "equal weight" and reducing its target to C$57.00, while TD Securities set a target of C$66.00 with a "buy" rating. The stock currently trades at C$53.95, with a consensus rating of "Moderate Buy" and an average target price of C$59.31.
analysts adjust price targets for pembina pipeline amid mixed ratings
Pembina Pipeline's price target has been reduced by UBS Group from C$62.00 to C$57.00, suggesting a potential upside of 4.61%. The stock currently holds a "Moderate Buy" rating, with mixed analyst opinions, as six analysts recommend a hold, six a buy, and one a strong buy. Recently, shares traded down 1.6% to C$54.49, with a market cap of C$31.50 billion.