Parkland Co. (TSE:PKI) Director Acquires C$99,388.24 in Stock

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

Parkland Stock Up 1.8 %

PKI opened at C$36.08 on Friday. The stock’s 50 day moving average price is C$35.05 and its 200 day moving average price is 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 stock has a market cap of C$6.29 billion, a P/E ratio of 26.00, a P/E/G ratio of 11.79 and a beta of 1.33. Parkland Co. has a 12 month low of C$30.09 and a 12 month high of C$45.10.

Wall Street Analyst Weigh In

PKI has been the subject of a number of research reports. National Bankshares lifted their target price on Parkland from C$41.00 to C$42.00 and gave the company an “outperform” rating in a research note on Friday, March 7th. CIBC upped 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. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company 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.