Recent extremely meaningful positive changes in fundamentals have benefitted Pembina Pipeline Corp (NYSE: PBA): 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.
Pembina Pipeline Corp (NYSE: PBA) has benefited from notable positive changes in investment behavior: the stock rose on very heavy volume.
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 73 and a good Power Rating of 76, leading to the Highest Value Trend Rating.
Recent Price Action
Pembina Pipeline Corp (NYSE: PBA) stock increased 1.9% on 6/24/24. The shares closed at $36.64. Moreover, this advance was accompanied by exceptionally high trading volume at 219% of normal. Relative to the market the stock has been strong over the last nine months but has declined -1.2% during the last week.
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