Parkland Co. (OTCMKTS:PKIUF) Receives Average Rating of “Buy” from Analysts

Shares of Parkland Co. (OTCMKTS:PKIUF – Get Rating) have received a consensus recommendation of “Buy” from the eight research firms that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a buy rating. The average twelve-month price objective among brokers that have covered the stock in the last year is $48.88.

A number of equities research analysts have commented on PKIUF shares. Scotiabank increased their target price on Parkland from C$44.00 to C$45.00 in a report on Monday, May 9th. Royal Bank of Canada cut their target price on shares of Parkland from C$50.00 to C$45.00 in a research note on Friday, May 6th. National Bank Financial decreased their price target on shares of Parkland from C$48.00 to C$45.00 in a research note on Monday, March 7th. Finally, TD Securities cut their price objective on shares of Parkland from C$53.00 to C$50.00 in a research report on Monday, March 7th.

Shares of PKIUF stock opened at $31.37 on Thursday. The stock has a fifty day moving average price of $28.49 and a 200 day moving average price of $27.33. Parkland has a 1 year low of $24.10 and a 1 year high of $34.63.

Parkland (OTCMKTS:PKIUF – Get Rating) last released its quarterly earnings results on Wednesday, May 4th. The company reported $0.69 earnings per share (EPS) for the quarter. The firm had revenue of $6 billion for the quarter.

Parkland Company Profile (Get Rating)

Parkland Corporation operates food and convenience stores in Canada, the United States, the Caribbean region, and Central and South America. The company operates through four segments: Canada, USA, Supply, and International. The Canada segment owns, operates, supports, and distributes a coast-to-coast network of retail convenience, food, and fuel sites, as well as commercial cardlocks and bulk fuel facilities; and provides propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers.

Read More

• Get a free copy of the StockNews.com research report on Parkland (PKIUF)
• It’s Time To Get Interested In Ethereum Again
• Stratasys Stock Forming a Tradeable Bottom
• How to Invest in Water Stocks: A Tutorial for Investors
• Expedia Group: Recovering with the Travel Industry
• It’s Time To Grab The Lovesac Company By The Shorts 

Want More Great Investing Ideas?