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

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

Parkland Trading Up 1.5 %

Shares of PKI stock opened at C$35.65 on Thursday. Parkland Co. has a 1 year low of C$30.09 and a 1 year high of C$45.10. The firm has a fifty day moving average price of C$35.00 and a 200-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. The company has a market cap of C$6.22 billion, a price-to-earnings ratio of 25.69, a PEG ratio of 11.79 and a beta of 1.33.

Wall Street Analyst Weigh In

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