Extremely significant positive changes in Pembina Pipeline Corp (NYSE: PBA) fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
PBA is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Pembina Pipeline has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Pembina Pipeline has a good Appreciation Score of 72 and a good Power Rating of 76, and the Highest Value Trend Rating results.
Recent Price Action
Pembina Pipeline Corp (NYSE: PBA) stock closed at $37.04 on 6/7/24 after a slight decline of -0.8%. However, below average trading volume at 81% of normal accompanied the decline. The stock has risen 2.2% during the last week and has been strong relative to the market over the last nine months.
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