Key Highlights:
- Pembina Pipeline (PBA, Financial) boosts its quarterly dividend by 2.9%, reaching CAD 0.71 per share.
- Analysts project an 11.77% upside with a target price of $44.05 for the next year.
- GF Value indicates a 23.8% potential downside, suggesting valuation considerations.
Pembina Pipeline's Dividend Increase
Pembina Pipeline Corp (PBA) has announced a 2.9% increase in its quarterly dividend, raising it from CAD 0.69 to CAD 0.71 per share. This revised dividend is scheduled for payment on June 30 to shareholders who are registered as of June 16, with the ex-dividend date being the same. Investors looking for steady income may find Pembina's increased dividend appealing, especially in the current low-interest-rate environment.
Wall Street Analysts' Price Forecast
According to projections from three Wall Street analysts, Pembina Pipeline Corp (PBA, Financial) has an average one-year target price of $44.05. This range includes a high estimate of $46.68 and a low of $41.66, offering an anticipated upside of 11.77% from the current stock price of $39.41. For more detailed forecasts, visit the Pembina Pipeline Corp (PBA) Forecast page.
Brokerage Recommendations
The consensus recommendation from three brokerage firms currently positions Pembina Pipeline Corp (PBA, Financial) at a 2.3 rating, suggesting an "Outperform" status. The recommendation scale ranges from 1, indicating a Strong Buy, to 5, indicating Sell. This suggests that analysts are largely optimistic about Pembina's performance relative to the market.
Assessing the GF Value
GuruFocus estimates the GF Value for Pembina Pipeline Corp (PBA, Financial) in one year to be $30.03. This represents a potential downside of 23.8% from the current price of $39.41. The GF Value calculation is based on historical trading multiples, past business growth, and future performance projections. For more comprehensive analysis, explore the Pembina Pipeline Corp (PBA) Summary page.
