Parkland Co. (TSE:PKI) Given Average Rating of "Buy" by Analysts

Parkland Co. (TSE:PKI - Get Free Report) has been assigned an average rating of "Buy" from the eleven analysts that are currently covering the company, MarketBeat reports. Eleven equities research analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is C$46.62.

Several equities research analysts have recently weighed in on the stock. CIBC decreased their target price on shares of Parkland from C$50.00 to C$43.00 in a research note on Thursday, April 17th. National Bankshares increased their price target on shares of Parkland from C$41.00 to C$42.00 and gave the stock an "outperform" rating in a report on Friday, March 7th. Raymond James lowered their price objective on Parkland from C$47.00 to C$45.00 and set an "outperform" rating on the stock in a report on Thursday, April 17th. Canaccord Genuity Group cut their target price on Parkland from C$45.00 to C$42.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Finally, ATB Capital decreased their price target on Parkland from C$46.00 to C$45.00 and set an "outperform" rating on the stock in a research note on Thursday, April 17th.

Insider Activity at Parkland

In other Parkland news, Senior Officer Darren Robert Smart sold 5,000 shares of the firm's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of C$36.76, for a total transaction of C$183,800.00. Also, Director Nora Duke acquired 2,800 shares of Parkland stock in a transaction that occurred on Monday, March 10th. The shares were purchased at an average cost of C$35.50 per share, for a total transaction of C$99,388.24. 20.51% of the stock is owned by corporate insiders.

Parkland Stock Performance

PKI stock traded up C$1.10 on Tuesday, hitting C$36.28. The company's stock had a trading volume of 363,955 shares, compared to its average volume of 885,104. The stock has a market cap of C$6.33 billion, a price-to-earnings ratio of 26.14, a price-to-earnings-growth ratio of 11.79 and a beta of 1.33. The firm has a 50 day moving average of C$34.72 and a two-hundred day moving average of C$34.56. The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 199.87. Parkland has a 1 year low of C$30.09 and a 1 year high of C$41.45.

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.