Average Price Target: C$40.74
▲ +1.08% Upside Potential
This price target is based on 17 analysts offering 12 month price targets for Pembina Pipeline in the last 3 months. The average price target is C$40.74, with a high forecast of C$44.00 and a low forecast of C$34.00. The average price target represents a 1.08% upside from the last price of C$40.30.
The current consensus among 17 investment analysts is to hold stock in Pembina Pipeline. This rating has held steady since November 2020, when it changed from a Buy consensus rating.
Pembina Pipeline Corporation provides transportation and midstream services for the energy industry. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 3.1 millions of barrels of oil equivalent per day, ground storage of 11 millions of barrels, and rail terminalling capacity of approximately 145 thousands of barrels of oil equivalent per day serving markets and basins across North America. The Facilities segment offers infrastructure that provides customers with natural gas, condensate, and natural gas liquids (NGLs), including ethane, propane, butane, and condensate; and includes 354 thousands of barrels per day of NGL fractionation capacity, 21 millions of barrels of cavern storage capacity, and associated pipeline and rail terminalling facilities. The Marketing & New Ventures segment buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was incorporated in 1954 and is headquartered in Calgary, Canada.