James Allan Neate Buys 5,000 Shares of Parkland Co. (TSE:PKI) Stock

Parkland Co. (TSE:PKI) Director James Allan Neate acquired 5,000 shares of Parkland stock in a transaction dated Wednesday, December 18th. The stock was bought at an average price of C$33.29 per share, for a total transaction of C$166,450.00.

Parkland Trading Down 1.9 %

Shares of PKI opened at C$32.42 on Friday. Parkland Co. has a twelve month low of C$31.68 and a twelve month high of C$47.99. The firm has a market capitalization of C$5.64 billion, a P/E ratio of 15.22, a price-to-earnings-growth ratio of 11.79 and a beta of 1.33. The company has a current ratio of 1.33, a quick ratio of 0.73 and a debt-to-equity ratio of 206.76. The stock’s fifty day simple moving average is C$34.68 and its 200 day simple moving average is C$36.16.

Analysts Set New Price Targets

PKI has been the topic of a number of recent research reports. Desjardins reduced their target price on shares of Parkland from C$46.00 to C$44.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. ATB Capital reduced their price objective on shares of Parkland from C$49.00 to C$46.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. CIBC lifted their target price on shares of Parkland from C$48.00 to C$49.00 in a research note on Wednesday, November 27th. JPMorgan Chase & Co. cut their price target on Parkland from C$54.00 to C$53.00 in a report on Tuesday, September 17th. Finally, Raymond James lowered their price objective on Parkland from C$55.00 to C$47.00 in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Parkland currently has a consensus rating of “Buy” and a consensus price target of C$48.08.

Parkland Company Profile

Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company’s Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers; transports and distributes fuel through ships, rail, and highway carriers; and stores fuel in terminals and other owned and leased facilities, as well as engages in the low-carbon activities.