Raymond James Initiates Coverage on Parkland Fuel (OTCMKTS:PKIUF)

Raymond James began coverage on shares of Parkland Fuel (OTCMKTS:PKIUF) in a research note published on Wednesday, The Fly reports. The firm issued an outperform rating on the stock.

A number of other equities research analysts also recently issued reports on the company. BMO Capital Markets assumed coverage on Parkland Fuel in a research report on Monday, May 27th. They issued an outperform rating on the stock. JPMorgan Chase & Co. restated a hold rating and set a $7.00 price target on shares of Deutsche Bank in a research report on Thursday, April 25th. Finally, Scotiabank restated a sector perform rating and set a $42.00 price target (up previously from $41.00) on shares of Parkland Fuel in a research report on Friday, April 5th.

Shares of PKIUF stock opened at $34.18 on Wednesday. Parkland Fuel has a 52-week low of $23.54 and a 52-week high of $36.29. The stock has a fifty day simple moving average of $31.36.

Parkland Fuel Company Profile

Parkland Fuel Corporation operates as a marketer, distributor, and refiner of fuel and petroleum products in Canada and the United States. The company's Retail segment supplies and supports a network of 1,855 retail gas stations under the Ultramar, Esso, Fas Gas Plus, Pioneer, Chevron, and Race Trac, as well as operates convenience stores under the On the Run/Marché Express brand.

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The Fly

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