Analysts Set Parkland Co. (TSE:PKI) Price Target at C$47.92

Shares of Parkland Co. (TSE:PKI) have been given a consensus rating of “Buy” by the nine analysts that are covering the stock, MarketBeat.com reports. Nine equities research analysts have rated the stock with a buy rating. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$47.92.

A number of research firms recently issued reports on PKI. CIBC boosted their target price on shares of Parkland from C$49.00 to C$50.00 and gave the company an “outperform” rating in a research report on Friday, March 7th. National Bankshares upped their price objective on shares of Parkland from C$41.00 to C$42.00 and gave the company an “outperform” rating in a report on Friday, March 7th.

Parkland Trading Up 1.5 %

TSE PKI opened at C$35.65 on Monday. The stock has a market capitalization of C$6.22 billion, a P/E ratio of 25.69, a P/E/G ratio of 11.79 and a beta of 1.33. The business has a 50 day simple moving average of C$35.00 and a 200 day simple moving average of C$34.85. The company has a debt-to-equity ratio of 199.87, a current ratio of 1.39 and a quick ratio of 0.73. Parkland has a one year low of C$30.09 and a one year high of C$45.10.

Insider Buying and Selling

In other Parkland news, Director Nora Duke purchased 2,800 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average cost of C$35.50 per share, with a total value of C$99,388.24. Also, Director James Allan Neate acquired 5,000 shares of the business’s stock in a transaction on Wednesday, December 18th. The stock was acquired at an average cost of C$33.29 per share, for a total transaction of C$166,450.00. 20.51% of the stock is currently owned by corporate insiders.

Parkland Company Profile

Parkland Corp distributes and markets fuels and lubricants. Refined fuels and other petroleum products are among the variety of offerings the company delivers to motorists, businesses, consumers, and wholesalers in the United States and Canada. Parkland operates through several subsidiaries that are either company owned-and retailer-operated, dealer-owned and dealer-operated, or dealer-cosigned and dealer-operated.