Parkland Fuel Corp’s (PKI) “Outperform” Rating Reiterated at Scotiabank
Parkland Fuel Corp (TSE:PKI)‘s stock had its “outperform” rating reiterated by investment analysts at Scotiabank in a report issued on Friday. They presently have a C$30.00 target price on the stock. Scotiabank’s price target indicates a potential upside of 12.82% from the stock’s current price.
PKI has been the topic of a number of other reports. TD Securities dropped their target price on shares of Parkland Fuel Corp from C$39.00 to C$37.00 and set an “action list buy” rating on the stock in a report on Friday, August 4th. Royal Bank Of Canada dropped their target price on shares of Parkland Fuel Corp from C$32.00 to C$31.00 and set a “sector perform” rating on the stock in a report on Thursday, August 3rd. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of C$33.25.
Shares of Parkland Fuel Corp (TSE PKI) traded up C$0.82 during trading hours on Friday, reaching C$26.59. 1,421,609 shares of the company traded hands.
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About Parkland Fuel Corp
Parkland Fuel Corporation distributes and markets fuels and lubricants. The Company delivers refined fuels and other petroleum products to motorists, businesses, consumers and wholesale customers. Its segments include Retail Fuels, Commercial Fuels, Parkland USA, Supply and Wholesale, and Corporate. Its Retail Fuels segment supplies and supports a network of over 1,070 retail gas stations in Canada.
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