Element Fleet Management Corp. (OTCMKTS:ELEEF) Receives Average Rating of “Hold” from Brokerages

Shares of Element Fleet Management Corp. (OTCMKTS:ELEEF – Get Rating) have been assigned a consensus rating of “Hold” from the six analysts that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $15.67.

A number of research analysts have issued reports on the stock. Royal Bank of Canada upped their target price on shares of Element Fleet Management from C$17.00 to C$18.00 in a research report on Wednesday, March 2nd. TD Securities cut their target price on shares of Element Fleet Management from C$14.50 to C$13.50 in a research report on Wednesday, March 2nd.

Shares of Element Fleet Management stock opened at $9.54 on Thursday. The company’s fifty day moving average price is $9.65 and its two-hundred day moving average price is $10.11. Element Fleet Management has a 52-week low of $9.12 and a 52-week high of $12.31.

About Element Fleet Management (Get Rating)

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, the United States, Mexico, Australia, and New Zealand. The company offers fleet management services comprising vehicle acquisition, financing, program management, and remarketing services to corporate, commercial, government, and public service vehicle fleets.

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