Nora Duke Buys 2,800 Shares of Parkland Co. (TSE:PKI) Stock

Parkland Co. (TSE:PKI) Director Nora Duke acquired 2,800 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were bought at an average price of C$35.50 per share, for a total transaction of C$99,388.24.

Parkland Trading Up 1.8 %

Shares of TSE PKI opened at C$36.08 on Friday. The business has a fifty day simple moving average of C$35.05 and a 200-day simple moving average of C$34.85. The company has a market cap of C$6.29 billion, a price-to-earnings ratio of 26.00, a P/E/G ratio of 11.79 and a beta of 1.33. Parkland Co. has a 12 month low of C$30.09 and a 12 month high of C$45.10. The company has a quick ratio of 0.73, a current ratio of 1.39 and a debt-to-equity ratio of 199.87.

Wall Street Analysts Forecast Growth

PKI has been the topic of several research analyst reports. CIBC lifted their price target on Parkland from C$49.00 to C$50.00 and gave the company an “outperform” rating in a research report on Friday, March 7th. National Bankshares boosted their price target on shares of Parkland from C$41.00 to C$42.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$47.92.

Parkland Company Profile

Parkland Corp distributes and markets fuels and lubricants. Refined fuels and other petroleum products are among the variety of offerings the company delivers to motorists, businesses, consumers, and wholesalers in the United States and Canada. Parkland operates through several subsidiaries that are either company owned-and retailer-operated, dealer-owned and dealer-operated, or dealer-cosigned and dealer-operated.