Parkland Co. (TSE:PKI - Get Free Report) traded up 7.6% during mid-day trading on Monday . The company traded as high as C$40.01 and last traded at C$39.02. 932,862 shares were traded during trading, an increase of 6% from the average session volume of 879,595 shares. The stock had previously closed at C$36.28.
Analyst Ratings Changes
Several analysts have commented on the stock. Canaccord Genuity Group lowered their target price on shares of 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. TD Securities reduced their target price on Parkland from C$52.00 to C$50.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. National Bankshares raised their price target on Parkland from C$41.00 to C$42.00 and gave the stock an "outperform" rating in a research note on Friday, March 7th. JPMorgan Chase & Co. dropped their price objective on shares of Parkland from C$58.00 to C$55.00 and set an "overweight" rating for the company in a research note on Tuesday, March 18th. Finally, Raymond James decreased their target price on shares of Parkland from C$47.00 to C$45.00 and set an "outperform" rating on the stock in a research report on Thursday, April 17th. Eleven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Parkland has a consensus rating of "Buy" and an average price target of C$46.62.
Read Our Latest Stock Report on Parkland
Parkland Trading Up 5.7 %
The stock has a market capitalization of C$6.69 billion, a PE ratio of 27.63, a PEG ratio of 11.79 and a beta of 1.33. The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 199.87. The business's 50-day moving average is C$34.72 and its two-hundred day moving average is C$34.53.
Insider Transactions at Parkland
In other news, Director Nora Duke acquired 2,800 shares of the business's stock in a transaction on Monday, March 10th. The shares were purchased at an average price of C$35.50 per share, for a total transaction of C$99,388.24. Also, Senior Officer Darren Robert Smart sold 5,000 shares of the company'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. Company insiders own 20.51% of the company's stock.
Parkland Company Profile
(
Get Free Report)
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.
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