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Bullboard - Stock Discussion Forum Pembina Pipeline Corp T.PPL.PR.G


Primary Symbol: T.PPL Alternate Symbol(s):  PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | T.PPL.PR.E | PPLAF | PMBPF | T.PPL.PR.I | T.PPL.PR.O | T.PPL.PR.Q | PPLOF | T.PPL.PR.S | PMMBF | T.PPL.PF.A | T.PPL.PF.E | T.PPL.PF.B

Pembina Pipeline Corp is a Canada-based energy transportation and midstream service provider. The Company owns pipelines that transport hydrocarbon liquids and natural gas products produced primarily in Western Canada. It also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. It operates through three segments: Pipelines... see more

TSX:PPL - Post Discussion

Pembina Pipeline Corp > RBC target Price $48 (Lets go Guys)
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Post by Ariahp on Nov 08, 2021 11:40am

RBC target Price $48 (Lets go Guys)

12:02 PM EDT, 11/05/2021 (MT Newswires) -- RBC Capital Markets on Friday reiterated its outperform rating on the shares of Pembina Pipeline (PPL.TO) with a C$48.00 target price after the oil-infrastructure company reported third-quarter results in line with expectations.

"On balance, we view the quarterly disclosures as being neutral for the share price, although we believe that some investors may

be disappointed that the company only reiterated (instead of raising) guidance and a greater-than-expected proportion of EBITDA came from the Marketing & New Ventures segment. Nevertheless, we highlight the positive commentary on Alliance as well as the company's outlook for strong commodity pricing continuing into 2022," the investment bank noted.

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