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

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

Parkland Stock Down 0.6 %

Shares of Parkland stock opened at C$35.44 on Friday. The company has a debt-to-equity ratio of 199.87, a quick ratio of 0.73 and a current ratio of 1.39. Parkland Co. has a 52-week low of C$30.09 and a 52-week high of C$45.10. The company’s 50 day moving average price is C$35.00 and its 200-day moving average price is C$34.85. The stock has a market capitalization of C$6.18 billion, a price-to-earnings ratio of 25.54, a P/E/G ratio of 11.79 and a beta of 1.33.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on PKI. National Bankshares upped their target price 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 upped their price objective on shares of Parkland from C$49.00 to C$50.00 and gave the company an “outperform” rating in a research note on Friday, March 7th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Parkland presently has a consensus rating of “Buy” and a consensus target price 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.