Parkland Fuel (TSE:PKI) PT Raised to C$52.00
Parkland Fuel (TSE:PKI) had its price target upped by National Bank Financial from C$51.00 to C$52.00 in a research report report published on Wednesday morning, BayStreet.CA reports. They currently have an outperform rating on the stock. National Bank Financial also issued estimates for Parkland Fuel’s FY2019 earnings at $1.86 EPS and FY2020 earnings at $1.32 EPS.
PKI has been the subject of several other reports. CIBC lifted their price target on Parkland Fuel from C$48.00 to C$49.50 in a report on Friday, July 12th. JPMorgan Chase & Co. reduced their price target on Parkland Fuel from C$56.00 to C$53.00 in a report on Tuesday, October 22nd. Raymond James set a C$51.00 price target on Parkland Fuel and gave the company an outperform rating in a report on Tuesday, November 5th. Finally, Royal Bank of Canada lifted their price target on Parkland Fuel from C$41.00 to C$44.00 and gave the company a sector perform rating in a report on Wednesday, July 24th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The company has an average rating of Buy and an average target price of C$50.43.
TSE:PKI opened at C$46.96 on Wednesday. The company has a debt-to-equity ratio of 166.65, a current ratio of 1.18 and a quick ratio of 0.75. Parkland Fuel has a fifty-two week low of C$31.59 and a fifty-two week high of C$47.36. The stock’s 50-day moving average is C$44.05 and its two-hundred day moving average is C$42.58. The stock has a market cap of $6.95 billion and a PE ratio of 21.73.
Parkland Fuel Company Profile
Parkland Fuel Corporation operates as a marketer, distributor, and refiner of fuel and petroleum products in Canada and the United States. The company's Retail segment supplies and supports a network of 1,855 retail gas stations under the Ultramar, Esso, Fas Gas Plus, Pioneer, Chevron, and Race Trac, as well as operates convenience stores under the On the Run/Marché Express brand.
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