Parkland Co. (TSE:PKI) Director Nora Duke Purchases 2,800 Shares

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

Parkland Stock Performance

PKI stock traded up C$0.16 during midday trading on Wednesday, reaching C$35.30. 127,713 shares of the company were exchanged, compared to its average volume of 1,011,934. Parkland Co. has a one year low of C$30.09 and a one year high of C$45.10. The firm has a market capitalization of C$6.16 billion, a price-to-earnings ratio of 25.44, a price-to-earnings-growth ratio of 11.79 and a beta of 1.33. The business has a 50-day moving average price of C$34.93 and a two-hundred day moving average price of C$34.85. The company has a debt-to-equity ratio of 199.87, a current ratio of 1.39 and a quick ratio of 0.73.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. National Bankshares boosted 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. CIBC boosted their target price on shares of Parkland from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a report on Friday, March 7th. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat, Parkland presently has a consensus rating of “Buy” and an average target price of C$47.92.

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.