RBC Capital Markets and National Bank of Canada on Friday maintained their ratings and price targets on the shares of Pembina Pipeline (PPL.TO) following fourth-quarter results from the oil and gas processing and infrastructure comapny.

RBC reiterated its outperform rating and $65.00 price target on the share of the company after it reported "solid" results in the quarter, including EBITDA of $1.25 billion that beat RBC's forecast of $1.13 billion and the consensus estimate of $1.13 billion.

RBC noted that Pembina also reiterated its 2025 EBITDA guidance range of $4.2 billion to 4.5 billion, which is expected have a slightly positive impact on the company's share price.

National Bank of Canada kept Pembina shares rated at sector perform rating with a $58.00 price target..

Pembina's adjusted EBITDA of $1.25 billion also beat the bank's forecast of $1.12 billion, reflecting stronger performance across the pipelines and facilities segments as well as higher NGL marketing contributions, National Bank said.