Darren Robert Smart Sells 5,000 Shares of Parkland Co. (TSE:PKI) Stock

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

Parkland Trading Up 1.6 %

TSE PKI opened at C$36.90 on Thursday. Parkland Co. has a 12 month low of C$30.09 and a 12 month high of C$43.99. The company’s 50-day moving average price is C$35.34 and its 200-day moving average price is C$34.87. The stock has a market cap of C$6.43 billion, a PE ratio of 26.59, a PEG ratio of 11.79 and a beta of 1.33. The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 199.87.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. CIBC upped their price objective 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. JPMorgan Chase & Co. decreased their price target on Parkland from C$58.00 to C$55.00 and set an “overweight” rating on the stock in a report on Tuesday. Finally, National Bankshares raised their price target on 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 analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$48.08.

About Parkland

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.