Raymond James Keeps a Buy Rating on Parkland Fuel (PKI)


In a latest note to investors, a research analyst has provided a rating update for the Parkland Fuel (PKI). Today, an analyst has provided a rating update for the Services sector company, Parkland Fuel (TSX: PKI).

According to TipRanks.com, Hansen is ranked #1296 out of 5535 analysts.

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Currently, the analyst consensus on Parkland Fuel is a Strong Buy with an average price target of C$48.50.

Based on Parkland Fuel’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of C$4.85 billion and net profit of C$105 million. In comparison, last year the company earned revenue of C$3.78 billion and had a net profit of C$60 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 last Monday at C$43.81.

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