Parkland (OTCMKTS:PKIUF) Price Target Raised to C$44.00 at TD Securities

Parkland (OTCMKTS:PKIUF) had its price target raised by TD Securities from C$42.00 to C$44.00 in a research note issued to investors on Wednesday, FlyOnTheWall reports.

Several other research firms have also recently weighed in on PKIUF. Raymond James cut Parkland from a strong-buy rating to an outperform rating in a research report on Tuesday, August 1st. Scotiabank raised their target price on Parkland from C$40.00 to C$42.00 in a research note on Tuesday, August 8th. BMO Capital Markets raised their target price on Parkland from C$40.00 to C$43.00 in a research note on Friday, August 4th. Finally, Royal Bank of Canada raised their target price on Parkland from C$42.00 to C$46.00 in a research note on Friday, August 4th.

Parkland Trading Up 5.1 %

Shares of PKIUF opened at $28.20 on Wednesday. The business’s 50-day moving average is $26.57 and its 200-day moving average is $24.68. Parkland has a fifty-two week low of $18.08 and a fifty-two week high of $28.41.

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

About Parkland

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.