Parkland Fuel Corp (PKI) Earns Outperform Rating from Scotiabank
Parkland Fuel Corp (TSE:PKI)‘s stock had its “outperform” rating reaffirmed by equities researchers at Scotiabank in a research note issued on Friday. They currently have a C$33.75 price target on the stock. Scotiabank’s price target would suggest a potential upside of 33.61% from the stock’s previous close.
PKI has been the topic of a number of other research reports. TD Securities dropped their target price on shares of Parkland Fuel Corp from C$39.00 to C$37.00 and set an “action list buy” rating on the stock in a research report on Friday, August 4th. Royal Bank Of Canada dropped their target price on shares of Parkland Fuel Corp from C$32.00 to C$31.00 and set a “sector perform” rating on the stock in a research report on Thursday, August 3rd. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of C$34.15.
Parkland Fuel Corp (TSE PKI) traded down 0.16% during mid-day trading on Friday, hitting $25.26. 283,741 shares of the stock traded hands. The stock has a market capitalization of $3.30 billion and a PE ratio of 66.13. Parkland Fuel Corp has a one year low of $24.63 and a one year high of $32.45. The company has a 50 day moving average price of $26.16 and a 200-day moving average price of $28.38.
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About Parkland Fuel Corp
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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