Parkland Fuel (PKI) has received a rating update from a Wall Street analyst today. Analyst Sabahat Khan from RBC Capital remains neutral on the stock and has a C$41 price target.
According to TipRanks.com, Khan is ranked #1275 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.
Based on Parkland Fuel’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$3.85 billion and net profit of C$49 million. In comparison, last year the company had a net profit of C$12.7 million.
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$40.20.
