Other analysts have also issued reports about the stock. Raymond James reissued an outperform rating and issued a C$49.00 price target on shares of Parkland Fuel in a research report on Monday, September 9th. CIBC increased their price target on shares of Parkland Fuel from C$48.00 to C$49.50 in a research report on Friday, July 12th. National Bank Financial increased their price target on shares of Parkland Fuel from C$50.00 to C$51.00 and gave the stock an outperform rating in a research report on Tuesday, August 6th. Finally, Royal Bank of Canada increased their price target on shares of Parkland Fuel from C$41.00 to C$44.00 and gave the stock a sector perform rating in a research report on Wednesday, July 24th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of C$49.50.
PKI stock opened at C$44.75 on Tuesday. The company has a current ratio of 1.18, a quick ratio of 0.75 and a debt-to-equity ratio of 166.65. Parkland Fuel has a one year low of C$31.59 and a one year high of C$47.36. The firm has a market capitalization of $6.59 billion and a PE ratio of 20.71. The firm has a 50-day moving average of C$43.75 and a two-hundred day moving average of C$42.25.
In related news, Senior Officer Ian James White sold 5,100 shares of the stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of C$43.00, for a total value of C$219,300.00. Following the transaction, the insider now owns 3,973 shares in the company, valued at C$170,839. Also, Director Timothy Hogarth sold 15,000 shares of the stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of C$46.04, for a total value of C$690,672.00. Following the completion of the transaction, the director now owns 268,538 shares in the company, valued at approximately C$12,364,778.50. Insiders sold 37,494 shares of company stock valued at $1,149,985 over the last three months.
Parkland Fuel Company Profile
Parkland Fuel Corporation operates as a marketer, distributor, and refiner of fuel and petroleum products in Canada and the United States. The company's Retail segment supplies and supports a network of 1,855 retail gas stations under the Ultramar, Esso, Fas Gas Plus, Pioneer, Chevron, and Race Trac, as well as operates convenience stores under the On the Run/Marché Express brand.
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