Parkland Fuel Corp (PKI) Receives Outperform Rating from Scotiabank
PKI has been the topic of a number of other reports. TD Securities lowered their price objective 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 report on Friday, August 4th. Royal Bank Of Canada lowered their price objective 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 report on Thursday, August 3rd. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. Parkland Fuel Corp currently has an average rating of Buy and a consensus price target of C$33.25.
Parkland Fuel Corp (TSE PKI) traded up C$0.82 during midday trading on Friday, hitting C$26.59. 1,421,600 shares of the stock were exchanged.
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The company also recently announced a monthly dividend, which was paid on Friday, October 13th. Investors of record on Friday, September 22nd were issued a dividend of $0.096 per share. The ex-dividend date of this dividend was Thursday, September 21st. This represents a $1.15 dividend on an annualized basis and a yield of 4.33%.
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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