Element Fleet Management (OTCMKTS:ELEEF) Price Target Increased to $14.00 by Analysts at CIBC

Element Fleet Management (OTCMKTS:ELEEF) had its price objective increased by CIBC from $13.00 to $14.00 in a research note released on Wednesday, The Fly reports. They currently have an outperform rating on the stock.

Several other analysts have also issued reports on ELEEF. TD Securities upped their target price on shares of Element Fleet Management from $12.00 to $13.50 and gave the stock a buy rating in a research note on Thursday, October 15th. Royal Bank of Canada upped their target price on shares of Element Fleet Management from $15.00 to $17.00 and gave the stock an outperform rating in a research note on Wednesday. Scotiabank upped their target price on shares of Element Fleet Management from $12.00 to $13.50 and gave the stock an outperform rating in a research note on Wednesday. Raymond James reissued a buy rating and issued a $12.25 price target on shares of Element Fleet Management in a report on Wednesday, July 29th. Finally, BMO Capital Markets boosted their price target on shares of Element Fleet Management from $12.00 to $13.00 and gave the stock an outperform rating in a report on Wednesday, July 29th. Eight equities research analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and an average price target of $13.46.

Shares of ELEEF stock opened at $10.13 on Wednesday. The firm has a fifty day simple moving average of $8.46 and a two-hundred day simple moving average of $7.58. Element Fleet Management has a 12 month low of $5.06 and a 12 month high of $10.15.

About Element Fleet Management

Element Fleet Management Corp. operates as a fleet management company in Canada, the United States, Mexico, Australia, and New Zealand. The company offers fleet management services, including acquisition, financing, program management, and vehicle remarketing services for cars and light duty vehicles, medium and heavy duty trucks, material handling equipment, automobiles, and specialty vehicles and equipment, as well as corporate, municipal, and industrial fleets.

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The Fly

Analyst Recommendations for Element Fleet Management (OTCMKTS:ELEEF)

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