Parkland Fuel Corp (TSE:PKI)‘s stock had its “sector perform” rating reaffirmed by research analysts at Scotiabank in a research report issued to clients and investors on Wednesday. They currently have a C$30.00 price target on the stock. Scotiabank’s price target would indicate a potential upside of 5.52% from the company’s current price.
Several other research firms also recently issued reports on PKI. TD Securities restated a “buy” rating and set a C$34.00 price objective on shares of Parkland Fuel Corp in a report on Monday, November 7th. National Bank Financial restated an “outperform” rating and set a C$34.00 price objective on shares of Parkland Fuel Corp in a report on Thursday, September 8th. CIBC boosted their price objective on shares of Parkland Fuel Corp from C$26.00 to C$31.50 in a report on Thursday, September 8th. Haywood Securities boosted their price objective on shares of Parkland Fuel Corp from C$26.50 to C$29.25 and gave the stock a “hold” rating in a report on Tuesday, August 23rd. Finally, Royal Bank Of Canada boosted their price objective on shares of Parkland Fuel Corp from C$24.00 to C$31.00 and gave the stock a “sector perform” rating in a report on Thursday, September 8th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of C$32.18.
Parkland Fuel Corp (TSE:PKI) opened at 28.43 on Wednesday. Parkland Fuel Corp has a 1-year low of $19.69 and a 1-year high of $31.77. The company’s 50 day moving average is $29.65 and its 200-day moving average is $26.39. The firm has a market cap of $2.73 billion and a price-to-earnings ratio of 45.42.
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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