Parkland (OTCMKTS:PKIUF) Price Target Increased to C$47.00 by Analysts at Royal Bank of Canada

Parkland (OTCMKTS:PKIUF) had its target price hoisted by Royal Bank of Canada from C$46.00 to C$47.00 in a research report released on Wednesday, FlyOnTheWall reports.

Several other equities analysts have also recently weighed in on the company. Scotiabank lifted their target price on Parkland from C$42.00 to C$45.00 in a research note on Wednesday. BMO Capital Markets upped their price target on Parkland from C$43.00 to C$46.00 in a report on Wednesday. Raymond James lowered Parkland from a strong-buy rating to an outperform rating in a report on Tuesday, August 1st. Finally, TD Securities upped their price target on Parkland from C$42.00 to C$44.00 in a report on Wednesday.

Parkland Price Performance

Shares of PKIUF opened at $28.20 on Wednesday. Parkland has a 1 year low of $18.08 and a 1 year high of $28.41. The firm has a fifty day moving average of $26.57 and a 200-day moving average of $24.68.

Parkland (OTCMKTS:PKIUF) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $0.54 EPS for the quarter. The business had revenue of $5.82 billion during the quarter.

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.