Royal Bank of Canada Trims Parkland Fuel (PKI) Target Price to C$41.00

Parkland Fuel (TSE:PKI) had its price objective decreased by analysts at Royal Bank of Canada from C$43.00 to C$41.00 in a research note issued on Monday. The brokerage currently has a “sector perform” rating on the stock. Royal Bank of Canada’s price target indicates a potential downside of 1.68% from the stock’s previous close.

PKI has been the topic of a number of other reports. TD Securities lifted their price target on Parkland Fuel from C$38.00 to C$45.00 in a report on Tuesday, August 7th. National Bank Financial dropped their price target on Parkland Fuel from C$52.00 to C$49.00 and set an “outperform” rating on the stock in a report on Monday. Desjardins lifted their price target on Parkland Fuel from C$46.00 to C$47.00 in a report on Wednesday, October 10th. CIBC lifted their price target on Parkland Fuel from C$37.50 to C$38.00 in a report on Thursday, July 26th. Finally, Canaccord Genuity lifted their price target on Parkland Fuel from C$42.00 to C$44.00 and gave the stock a “buy” rating in a report on Wednesday, July 25th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of C$43.57.

Shares of Parkland Fuel stock opened at C$41.70 on Monday. Parkland Fuel has a 12 month low of C$24.97 and a 12 month high of C$47.45.

Parkland Fuel Company Profile

Parkland Fuel Corporation operates as an independent marketer and distributor of fuels and petroleum products in Canada and the United States. Its Retails Fuels segment supplies and supports a network of 1,848 retail gas stations under the Ultramar, Esso, Fas Gas Plus, Pioneer, Chevron, Race Trac, On the Run/Marché Express, Short Stop, Town Pantry, Dépanneur du Coin/Corner Store, Snack Express, Verve, and others brands, as well as operates convenience stores under the On the Run/Marché Express brand.

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Analyst Recommendations for Parkland Fuel (TSE:PKI)

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