Parkland Fuel Corp (PKI) Receives Average Recommendation of “Buy” from Analysts
Shares of Parkland Fuel Corp (TSE:PKI) have received a consensus recommendation of “Buy” from the eight research firms that are currently covering the firm. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$32.18.
A number of research analysts have weighed in on PKI shares. Scotiabank reissued a “sector perform” rating and set a C$23.25 price target on shares of Parkland Fuel Corp in a research note on Monday, August 8th. TD Securities reissued a “buy” rating and set a C$34.00 price target on shares of Parkland Fuel Corp in a research note on Monday, November 7th. National Bank Financial reissued an “outperform” rating and set a C$34.00 price target on shares of Parkland Fuel Corp in a research note on Thursday, September 8th. CIBC increased their price target on Parkland Fuel Corp from C$26.00 to C$31.50 in a research note on Thursday, September 8th. Finally, Haywood Securities increased their price target on Parkland Fuel Corp from C$26.50 to C$29.25 and gave the stock a “hold” rating in a research note on Tuesday, August 23rd.
Shares of Parkland Fuel Corp (TSE:PKI) opened at 28.30 on Friday. The stock has a market capitalization of $2.71 billion and a P/E ratio of 45.21. Parkland Fuel Corp has a one year low of $19.69 and a one year high of $31.77. The firm’s 50-day moving average price is $29.79 and its 200-day moving average price is $26.36.
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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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