Element Fleet Management Corp. (TSE:EFN – Get Free Report) has earned an average rating of “Moderate Buy” from the nine ratings firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is C$33.50.
Several equities analysts have recently weighed in on the stock. TD Securities upped their price objective on shares of Element Fleet Management from C$32.00 to C$33.00 and gave the company a “buy” rating in a report on Thursday, November 14th. CIBC increased their price target on Element Fleet Management from C$30.00 to C$33.00 in a report on Thursday, October 31st. Raymond James upped their target price on Element Fleet Management from C$30.00 to C$34.00 in a research report on Thursday, November 14th. Jefferies Financial Group downgraded shares of Element Fleet Management from a “buy” rating to a “hold” rating and reduced their price target for the company from C$32.00 to C$30.00 in a research report on Friday, November 15th. Finally, Scotiabank lowered their price objective on shares of Element Fleet Management from C$33.00 to C$32.00 in a report on Thursday, November 14th.
Check Out Our Latest Stock Analysis on Element Fleet Management
Insider Transactions at Element Fleet Management
Element Fleet Management Stock Performance
TSE:EFN opened at C$28.16 on Wednesday. The company has a quick ratio of 5.70, a current ratio of 8.22 and a debt-to-equity ratio of 303.14. Element Fleet Management has a twelve month low of C$21.20 and a twelve month high of C$30.49. The company has a fifty day moving average of C$29.05 and a 200-day moving average of C$27.89. The firm has a market capitalization of C$11.37 billion, a P/E ratio of 22.00, a P/E/G ratio of 2.97 and a beta of 0.91.
Element Fleet Management Company Profile
Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets.
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