Parkland Co. (TSE:PKI) Senior Officer Sells C$183,800.00 in Stock

Parkland Co. (TSE:PKI) Senior Officer Darren Robert Smart sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of C$36.76, for a total value of C$183,800.00.

Parkland Stock Down 1.7 %

Shares of TSE PKI opened at C$36.32 on Wednesday. The company has a debt-to-equity ratio of 199.87, a quick ratio of 0.73 and a current ratio of 1.39. The firm has a market capitalization of C$6.33 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 11.79 and a beta of 1.33. The stock has a 50 day moving average price of C$35.26 and a 200 day moving average price of C$34.86. Parkland Co. has a 52-week low of C$30.09 and a 52-week high of C$44.12.

Analyst Ratings Changes

Several brokerages have weighed in on PKI. National Bankshares boosted their price objective on Parkland from C$41.00 to C$42.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. CIBC boosted their price objective on Parkland from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. Finally, JPMorgan Chase & Co. dropped their target price on Parkland from C$58.00 to C$55.00 and set an “overweight” rating for the company in a research report on Tuesday. Nine research analysts have rated the stock with a buy rating, According to MarketBeat, Parkland has a consensus rating of “Buy” and an average price target of C$48.08.

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.