Parkland Fuel Corp (PKI) Given New C$33.00 Price Target at CIBC
Other equities analysts also recently issued reports about the company. TD Securities raised their price objective on Parkland Fuel Corp from C$27.00 to C$34.00 and gave the stock a buy rating in a report on Thursday, September 8th. Haywood Securities raised their target price on Parkland Fuel Corp from C$26.50 to C$29.25 and gave the company a hold rating in a report on Tuesday, August 23rd. National Bank Financial reiterated an outperform rating and set a C$34.00 target price on shares of Parkland Fuel Corp in a report on Thursday, September 8th. Scotiabank raised their target price on Parkland Fuel Corp from C$23.25 to C$30.00 and gave the company a sector perform rating in a report on Friday, September 9th. Finally, Royal Bank Of Canada raised their target price on Parkland Fuel Corp from C$24.00 to C$31.00 and gave the company a sector perform rating in a report on Thursday, September 8th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of C$31.88.
Shares of Parkland Fuel Corp (TSE:PKI) opened at 30.79 on Monday. The firm has a market capitalization of $2.94 billion and a P/E ratio of 48.11. Parkland Fuel Corp has a 12-month low of $19.69 and a 12-month high of $31.61. The stock has a 50 day moving average price of $29.34 and a 200 day moving average price of $24.47.
Parkland Fuel Corp Company Profile
Parkland Fuel Corporation distributes and markets fuels and lubricants. The Company delivers refined fuels and other petroleum products to motorists, businesses, consumers and wholesale customers. Its segments include Retail Fuels, Commercial Fuels, Parkland USA, Supply and Wholesale, and Corporate. Its Retail Fuels segment supplies and supports a network of over 1,070 retail gas stations in Canada.
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