In a latest note to investors, a research analyst has provided a rating update for the Parkland Fuel (PKI). Analyst Benoit Laprade from Scotiabank rated Parkland Fuel (PKI) a Hold yesterday, setting a C$42 price target.
According to TipRanks.com, Laprade is a 3-star analyst with an average return of 1.1% and a 63.0% success rate. Laprade covers the Basic Materials sector, focusing on stocks such as West Fraser Timber Co Ltd, Cascades Inc, and Norbord Inc.
Parkland Fuel has an analyst consensus of Moderate Buy, with a price target consensus of C$44.43, a 9.8% upside from current levels. In a report issued on March 28, Macquarie also reiterated a Hold rating on the stock with a C$45 price target.
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The company has a one-year high of C$47.45 and a one-year low of C$28.07. Currently, Parkland Fuel has an average volume of 423.5K.
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 Thursday at C$40.47.
