According to TipRanks, Hope is a 5-star analyst with an average return of 12.7% and a 70.06% success rate. Hope covers the Utilities sector, focusing on stocks such as Hydro One, Brookfield Renewable Partners, and Northland Power.
In addition to Scotiabank, Pembina Pipeline also received a Buy from CIBC’s Robert Catellier in a report issued yesterday. However, on the same day, BMO Capital maintained a Hold rating on Pembina Pipeline (NYSE: PBA).
Based on Pembina Pipeline’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$2.07 billion and a net profit of C$498 million. In comparison, last year the company earned a revenue of C$2.28 billion and had a net profit of C$502 million
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PBA in relation to earlier this year.
