Parkland Fuel (PKI), the Services sector company, was revisited by a Wall Street analyst today. The company received a Hold rating from RBC Capital’s analyst Sabahat Khan, with a C$44 price target.
According to TipRanks.com, Khan is ranked #2213 out of 5247 analysts.
Currently, the analyst consensus on Parkland Fuel is a Moderate Buy with an average price target of C$46.83.
Based on Parkland Fuel’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$4.22 billion and net profit of C$77 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 on Wednesday at C$43.70.
