Element Fleet Management Corp (TSE:EFN) had its price objective increased by TD Securities from C$9.50 to C$10.50 in a research note published on Wednesday.

A number of other analysts have also recently commented on the stock. Scotiabank cut their price target on shares of Element Fleet Management Corp from C$13.00 to C$11.00 and set a sector perform rating on the stock in a research report on Thursday, August 17th. Raymond James Financial, Inc. cut shares of Element Fleet Management Corp from a strong-buy rating to an outperform rating and cut their price target for the company from C$16.00 to C$13.00 in a research report on Thursday, August 17th. National Bank Financial cut their price target on shares of Element Fleet Management Corp from C$11.50 to C$10.00 and set a sector perform rating on the stock in a research report on Thursday, August 17th. Credit Suisse Group cut their price target on shares of Element Fleet Management Corp from C$11.50 to C$10.00 and set a sector perform rating on the stock in a research report on Thursday, August 17th. Finally, CIBC cut their price target on shares of Element Fleet Management Corp from C$15.00 to C$10.00 and set an outperform rating on the stock in a research report on Thursday, August 17th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of C$11.30.

Shares of Element Fleet Management Corp (TSE:EFN) opened at 9.43 on Wednesday. The firm has a market cap of $3.66 billion and a P/E ratio of 14.07. The company’s 50-day moving average price is $9.23 and its 200 day moving average price is $9.90. Element Fleet Management Corp has a 52 week low of $6.20 and a 52 week high of $14.42.

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The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 3.18%.

Element Fleet Management Corp Company Profile

Element Fleet Management Corp. operates as a fleet management company in North America. The company offers fleet management services, including acquisition, financing, program management, and 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.

Analyst Recommendations for Element Fleet Management Corp (TSE:EFN)

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