Parkland Fuel Corp (TSE: PKI) was downgraded by analysts at National Bank Financial from an “outperform” rating to a “sector perform” rating in a research report issued to clients and investors on Wednesday.
Other equities research analysts have also recently issued reports about the stock. Analysts at National Bank of Greece cut their price target on shares of Parkland Fuel Corp from $20.00 to $19.00 in a research note to investors on Wednesday. Separately, analysts at Pi Financial cut their price target on shares of Parkland Fuel Corp from $21.00 to $19.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Canaccord Genuity cut their price target on shares of Parkland Fuel Corp from $21.50 to $20.50 in a research note to investors on Wednesday. They now have a “buy” rating on the stock.
Shares of Parkland Fuel Corp traded up 3.85% during mid-day trading on Wednesday, hitting $17.52. Parkland Fuel Corp has a 52 week low of $12.82 and a 52 week high of $20.30. The stock’s 50-day moving average is currently $19.56. The company has a market cap of $1.198 billion and a P/E ratio of 13.39.
The company also recently declared a feb 13 dividend, which is scheduled for Friday, March 15th. Investors of record on Monday, February 25th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Thursday, February 21st.
Parkland Fuel Corporation (Parkland) is a marketer and distributor of petroleum products, managing a nationwide network of sales channels for retail, commercial, wholesale and home heating fuel customers.
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