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

Parkland Co. (TSE:PKI) Director James Allan Neate bought 5,000 shares of the company’s stock in a transaction on Wednesday, December 18th. The shares were bought at an average cost of C$33.29 per share, for a total transaction of C$166,450.00.

Parkland Stock Performance

Shares of Parkland stock traded down C$0.44 during trading hours on Thursday, hitting C$33.34. 216,233 shares of the company were exchanged, compared to its average volume of 541,772. Parkland Co. has a 1 year low of C$31.68 and a 1 year high of C$47.99. 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 business has a 50-day moving average of C$34.72 and a 200-day moving average of C$36.18. The stock has a market capitalization of C$5.80 billion, a price-to-earnings ratio of 15.65, a P/E/G ratio of 11.79 and a beta of 1.33.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on PKI. BMO Capital Markets cut their price target on shares of Parkland from C$49.00 to C$46.00 in a report on Tuesday, October 22nd. TD Securities decreased their target price on Parkland from C$55.00 to C$53.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. Canaccord Genuity Group decreased their price target on shares of Parkland from C$47.00 to C$45.00 and set a “buy” rating on the stock in a research note on Friday, November 1st. ATB Capital dropped their target price on Parkland from C$49.00 to C$46.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Finally, Desjardins reduced their price target on shares of Parkland from C$46.00 to C$44.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently 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.