National Bank Financial Increases Parkland (OTCMKTS:PKIUF) Price Target to C$43.00

Parkland (OTCMKTS:PKIUF) had its price target increased by investment analysts at National Bank Financial from C$39.00 to C$43.00 in a report issued on Thursday, FlyOnTheWall reports.

A number of other equities analysts have also recently issued reports on the stock. BMO Capital Markets upped their price target on shares of Parkland from C$43.00 to C$46.00 in a research note on Wednesday. TD Securities upped their price target on shares of Parkland from C$42.00 to C$44.00 in a research note on Wednesday. Scotiabank upped their price target on shares of Parkland from C$42.00 to C$45.00 in a research note on Wednesday. Royal Bank of Canada upped their target price on shares of Parkland from C$46.00 to C$47.00 in a research note on Wednesday. Finally, Raymond James upped their target price on shares of Parkland from C$42.00 to C$45.00 in a research note on Wednesday.

Parkland Price Performance

Shares of Parkland stock opened at $29.02 on Thursday. The company’s fifty day simple moving average is $26.72 and its two-hundred day simple moving average is $24.75. Parkland has a 12-month low of $18.08 and a 12-month high of $29.02.

Parkland (OTCMKTS:PKIUF) last released its earnings results on Thursday, August 3rd. The company reported $0.54 earnings per share 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.