As this happened, Citigroup upgraded its Pembina Pipeline Corporation [PBA] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including TD Securities’s analysts, who began to cover the stock in mid January with a ‘”a Buy”‘ rating. Barclays began covering PBA with “an Overweight” recommendation on December 12, 2024.
Price Performance Review of PBA
On Friday, Pembina Pipeline Corporation [NYSE:PBA] saw its stock fall -5.91% to $37.08. Over the last five days, the stock has lost -5.12%. Pembina Pipeline Corporation shares have risen nearly 0.35% since the year began. Nevertheless, the stocks have risen 2.91% over the past one year. While a 52-week high of $43.44 was reached on 04/03/25, a 52-week low of $34.13 was recorded on 04/09/25. SMA at 50 days reached $38.49, while 200 days put it at $39.13.
Levels Of Support And Resistance For PBA Stock
The 24-hour chart illustrates a support level at 36.20, which if violated will result in even more drops to 35.32. On the upside, there is a resistance level at 38.67. A further resistance level may holdings at 40.25. The Relative Strength Index (RSI) on the 14-day chart is 40.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.82%. Stochastics %K at 61.19% indicates the stock is a holding.
The most recent change occurred on September 11, 2024 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating .
