Parkland Fuel Corp Receives Consensus Recommendation of “Buy” from Brokerages (TSE:PKI)
Parkland Fuel Corp (TSE:PKI) has been given a consensus recommendation of “Buy” by the ten analysts that are presently covering the stock, American Banking News.com reports. Three research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$21.78.
A number of research firms have recently commented on PKI. Analysts at TD Securities cut their price target on shares of Parkland Fuel Corp from C$21.00 to C$20.00 in a research note on Friday, August 8th. They now have a “hold” rating on the stock. Analysts at Haywood Securities raised their price target on shares of Parkland Fuel Corp from C$22.00 to C$23.00 in a research note on Tuesday, July 15th. They now have a “buy” rating on the stock.
Parkland Fuel Corp (TSE:PKI) traded up 0.34% during mid-day trading on Wednesday, hitting $20.76. The stock had a trading volume of 36,202 shares. Parkland Fuel Corp has a 1-year low of $17.02 and a 1-year high of $21.99. The stock’s 50-day moving average is $20.45 and its 200-day moving average is $20.60. The company has a market cap of $1.553 billion and a P/E ratio of 21.11.
Parkland Fuel Corp (TSE:PKI) last released its earnings data on Monday, August 11th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.18 by $0.09. Analysts expect that Parkland Fuel Corp will post $0.92 EPS for the current fiscal year.
The company also recently announced a aug 14 dividend, which is scheduled for Monday, September 15th. Shareholders of record on Friday, August 22nd will be given a dividend of $0.0883 per share. This represents a yield of 5.23%. The ex-dividend date of this dividend is Wednesday, August 20th.
Parkland Fuel Corporation is a marketer and distributor of petroleum products managing a nationwide network of sales channels for retail, commercial, wholesale and residential heating fuel customers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.