National Bank Reaffirms Their Buy Rating on Parkland Fuel (PKI)


Parkland Fuel (TSX: PKI), the Services sector company, has received a rating update from a Wall Street analyst today. Analyst Vishal Shreedhar from National Bank rated Parkland Fuel (TSX: PKI) a Buy, setting a C$52 price target.

According to TipRanks.com, Shreedhar is ranked #3511 out of 4887 analysts.

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Parkland Fuel has an analyst consensus of Strong Buy, with a price target consensus of C$49.64, a 6.3% upside from current levels. In a report issued on October 10, Desjardins also maintained a Buy rating on the stock with a C$50 price target.

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The company has a one-year high of C$46.46 and a one-year low of C$23.41. Currently, Parkland Fuel has an average volume of 468.3K.

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$46.66.

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