National Bank Keeps a Buy Rating on Parkland Fuel (PKI)


Shares of Parkland Fuel (PKI) were revisited by a Wall Street analyst today. The company received a Buy rating from National Bank’s analyst Vishal Shreedhar, with a C$46 price target.

According to TipRanks.com, Shreedhar is ranked #3407 out of 5205 analysts.

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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Parkland Fuel with a C$44.75 average price target, implying a 20.3% upside from current levels. In a report issued on February 20, Scotiabank also reiterated a Buy rating on the stock with a C$44 price target.

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The company has a one-year high of C$47.45 and a one-year low of C$27.96. Currently, Parkland Fuel has an average volume of 411.8K.

Parkland Fuel 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 company operates through the following business segments: Retail Fuels, Commercial Fuels, Parkland USA, Supply and Wholesale; and Corporate.

The company’s shares closed on Monday at C$37.21.

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