After Today’s Huge Increase, Is Parkland Fuel Corp’s Near-Term Analysis Positive?

 After Today's Huge Increase, Is Parkland Fuel Corp's Near Term Analysis Positive?

The stock of Parkland Fuel Corp (TSE:PKI) is a huge mover today! About 55,710 shares traded hands. Parkland Fuel Corp (TSE:PKI) has risen 38.90% since April 1, 2016 and is uptrending. It has outperformed by 36.94% the S&P500.
The move comes after 9 months positive chart setup for the $2.67 billion company. It was reported on Nov, 8 by We have $41.64 PT which if reached, will make TSE:PKI worth $1.23B more.

Parkland Fuel Corp (TSE:PKI) Ratings Coverage

Out of 4 analysts covering Parkland Fuel Corp (TSE:PKI), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. $31 is the highest target while $23 is the lowest. The $27.50 average target is -3.58% below today’s ($28.52) stock price. Parkland Fuel Corp has been the topic of 9 analyst reports since August 10, 2015 according to StockzIntelligence Inc. On Tuesday, January 19 the stock rating was initiated by RBC Capital Markets with “Sector Perform”. The firm has “Hold” rating by TD Securities given on Friday, July 22. The rating was maintained by IBC on Monday, August 10 with “Sector Perform”. The stock has “Sector Outperformer” rating given by IBC on Friday, August 21. The firm has “Sector Performer” rating by IBC given on Monday, November 9. The company was maintained on Thursday, October 20 by RBC Capital Markets.

More recent Parkland Fuel Corp (TSE:PKI) news were published by: which released: “Oversold Conditions For Parkland Fuel (PKI)” on November 07, 2016. Also published the news titled: “Parkland Fuel Corporation Reports Q3 Adjusted EBITDA of $60.4 Million” on November 04, 2016.‘s news article titled: “Parkland Fuel Corp to buy Canada’s Pioneer Energy” with publication date: September 17, 2014 was also an interesting one.

Parkland Fuel Corporation distributes and markets fuels and lubricants. The company has a market cap of $2.67 billion. The Firm delivers refined fuels and other petroleum products to motorists, businesses, clients and wholesale customers. It has a 46.12 P/E ratio. The Company’s divisions include Retail Fuels, Commercial Fuels, Parkland USA, Supply and Wholesale, and Corporate.

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