Element Fleet Management Corp. (TSE:EFN – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$40.00.
EFN has been the subject of several recent research reports. Scotiabank lifted their price objective on Element Fleet Management from C$33.00 to C$40.00 in a report on Wednesday, July 23rd. TD Securities boosted their target price on shares of Element Fleet Management from C$41.00 to C$42.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. BMO Capital Markets boosted their target price on shares of Element Fleet Management from C$35.00 to C$40.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Royal Bank Of Canada boosted their target price on shares of Element Fleet Management from C$43.00 to C$47.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Finally, Raymond James Financial boosted their target price on shares of Element Fleet Management from C$36.00 to C$40.00 and gave the stock a “strong-buy” rating in a report on Thursday, August 7th.
Check Out Our Latest Analysis on Element Fleet Management
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Element Fleet Management Stock Performance
EFN stock opened at C$37.31 on Friday. The company has a debt-to-equity ratio of 303.64, a current ratio of 7.04 and a quick ratio of 5.70. The business has a 50-day moving average price of C$36.76 and a 200 day moving average price of C$34.14. The company has a market capitalization of C$14.98 billion, a P/E ratio of 37.31, a PEG ratio of 2.97 and a beta of 0.49. Element Fleet Management has a 1-year low of C$25.00 and a 1-year high of C$38.15.
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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