Parkland (OTCMKTS:PKIUF) Trading Down 1.8%

Parkland Co. (OTCMKTS:PKIUFGet Rating)’s stock price fell 1.8% during mid-day trading on Friday . The company traded as low as $23.22 and last traded at $23.22. 180 shares were traded during trading, a decline of 82% from the average session volume of 985 shares. The stock had previously closed at $23.65.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PKIUF. Canaccord Genuity Group lowered their price objective on Parkland from C$47.00 to C$36.00 and set a “buy” rating for the company in a research note on Monday, October 24th. Royal Bank of Canada reduced their target price on Parkland from C$47.00 to C$40.00 in a report on Thursday, October 20th. BMO Capital Markets reduced their target price on Parkland from C$44.00 to C$35.00 in a report on Thursday, October 20th. TD Securities cut their price objective on Parkland from C$50.00 to C$39.00 in a report on Thursday, October 20th. Finally, National Bank Financial lifted their price objective on Parkland from C$34.00 to C$36.00 in a report on Friday, December 9th.

Parkland Price Performance

The company has a 50-day moving average price of $21.52 and a 200 day moving average price of $23.03.

Parkland (OTCMKTS:PKIUFGet Rating) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported $0.24 EPS for the quarter. The business had revenue of $7.30 billion during the quarter.

Parkland Company Profile

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Parkland Corp. engages in the market and distribution of petroleum products. It delivers gasoline, diesel fuel, lubricants, heating oil and other products to businesses, consumers and wholesale customers. The firm operates through the following business segments: Canada, United States of America (USA), Supply, International and Corporate.

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