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

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

Parkland Stock Up 1.6 %

Shares of PKI stock opened at C$36.90 on Thursday. The stock’s fifty day moving average price is C$35.34 and its 200 day moving average price is C$34.87. The company has a debt-to-equity ratio of 199.87, a current ratio of 1.39 and a quick ratio of 0.73. Parkland Co. has a 1-year low of C$30.09 and a 1-year high of C$43.99. The company has a market cap of C$6.43 billion, a price-to-earnings ratio of 26.59, a price-to-earnings-growth ratio of 11.79 and a beta of 1.33.

Analyst Ratings Changes

A number of research analysts have commented on the stock. JPMorgan Chase & Co. cut their target price on shares of Parkland from C$58.00 to C$55.00 and set an “overweight” rating on the stock in a research report on Tuesday. CIBC boosted their price objective on shares of Parkland from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. Finally, National Bankshares increased their target price on Parkland from C$41.00 to C$42.00 and gave the company an “outperform” rating in a research report on Friday, March 7th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price 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.