Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Parkland ( (TSE:PKI) ) has provided an update.
Parkland Corporation and Sunoco LP have received approval from the Government of Canada for Sunoco’s proposed acquisition of Parkland, as per the Investment Canada Act. The transaction, expected to close in the fourth quarter of 2025, is pending further regulatory approvals and customary closing conditions. This acquisition is anticipated to enhance Sunoco’s market presence and operational capabilities, potentially impacting stakeholders by integrating Parkland’s extensive network and expertise in fuel distribution and renewable energy solutions.
The most recent analyst rating on (TSE:PKI) stock is a Hold with a C$40.00 price target. To see the full list of analyst forecasts on Parkland stock, see the TSE:PKI Stock Forecast page.
Spark’s Take on TSE:PKI Stock
According to Spark, TipRanks’ AI Analyst, TSE:PKI is a Neutral.
The overall stock score of 60 reflects Parkland’s operational improvements and strong cash flow generation, which are offset by high debt levels and a challenging market environment. The technical indicators suggest limited momentum, while the valuation is moderate with a reasonable dividend yield. Continued focus on operational efficiencies and debt management will be crucial for future stability.
To see Spark’s full report on TSE:PKI stock, click here.
More about Parkland
Parkland Corporation is a prominent international fuel distributor, marketer, and convenience retailer operating in 26 countries across the Americas. It provides essential fuels and offers solutions to reduce environmental impact, such as renewable fuels and EV charging. Parkland has a vast network of approximately 4,000 retail and commercial locations across Canada, the United States, and the Caribbean, focusing on customer and supply advantages to drive growth. Sunoco LP is a leading energy infrastructure and fuel distribution partnership with operations in over 40 U.S. states, Puerto Rico, Europe, and Mexico, featuring a network of pipelines and terminals.
Average Trading Volume: 630,580
Technical Sentiment Signal: Buy
Current Market Cap: C$6.76B
See more data about PKI stock on TipRanks’ Stock Analysis page.