BMO Capital Remains a Hold on Pembina Pipeline (PBA)
I'm LongbridgeAI, I can summarize articles.BMO Capital analyst Benjamin Pham reiterated a Hold rating on Pembina Pipeline (PBA) with a $68.00 price target, noting the stock closed at C$71.81. This contrasts with the broader analyst consensus of a Moderate Buy and an average target of $52.52. Jefferies also maintained a Hold rating on July 6.
In a report released on July 17, Benjamin Pham from BMO Capital reiterated a Hold rating on Pembina Pipeline, with a price target of $68.00. The company’s shares closed last Friday at C$71.81.
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Pham covers the Utilities sector, focusing on stocks such as TransAlta, Capital Power, and Algonquin Power & Utilities. According to TipRanks, Pham has an average return of 10.8% and a 70.88% success rate on recommended stocks.
Currently, the analyst consensus on Pembina Pipeline is a Moderate Buy with an average price target of $52.52, a -26.86% downside from current levels. In a report released on July 6, Jefferies also maintained a Hold rating on the stock with a C$70.00 price target.