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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

View:
Post by TheBridge on Jul 13, 2023 10:05am

Analysts

It wasn't that long ago that there were a significant number of analysts that had targeted PPL reaching into the $50 range. Why aren't they round explaining why the share price is just hanging on at the $40 level currently?

Comment by Ariahp on Jul 13, 2023 6:33pm
Excellent question. When the sun is shining,these analyst  like to get a sun tan As  soon as it rains, they run away likes rats. Yes i would like an answer, what is the reason for the stock to be so low inspite of  oil prices moving higher by the day?
Comment by FairMount on Jul 13, 2023 9:28pm
PPL, like ENB and others, are steady div stocks. Many institutions own it for div. Its share price is to some degree affected by energy price (positively) and bond market (negatively). With easying inflation, bond yields are down and PPL div starts to become attractive.
Comment by Ariahp on Jul 13, 2023 6:40pm
Analysts are scumbags.  They change their minds depending on the direction of wind.  Most often their analysis are self serving. If they hit the projected price mark they get big bonus. Rats is what they are.
Comment by autofocus111 on Jul 13, 2023 6:41pm
Generally best to just ignore them and rely on your own due diligence imo.
Comment by stockmarket1 on Jul 13, 2023 11:10pm
All you have to do is watch BNN market call to see how often they are wrong. Their top picks are mainly in the red. 
Comment by mrbb on Jul 15, 2023 3:32pm
i had cable tv mainly to watch BNN. Hence why i had cancelled my cable subscription and threw out my TV 22 years ago