Parkland Fuel (PKI) Received its Third Buy in a Row


Analysts have been quite happy with Parkland Fuel (PKI) stock lately, as after Desjardins and Scotiabank rated the stock a Buy this past month, there is another positive note, this time from National Bank. National Bank’s analyst Vishal Shreedhar reiterates their Buy rating on the shares, with a C$49 price target.

According to TipRanks.com, Shreedhar is ranked #3415 out of 4900 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Parkland Fuel with a C$49.67 average price target.

The company has a one-year high of C$47.45 and a one-year low of C$24.97. Currently, Parkland Fuel has an average volume of 498.8K.

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$40.21.

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