The Barclays PLC Cuts Element Fleet Management Corp (EFN) Price Target to C$15.00

The Barclays PLC Cuts Element Fleet Management Corp (EFN) Price Target to C$15.00

A number of other research firms also recently commented on EFN. BMO Capital Markets dropped their price target on Element Fleet Management Corp from C$16.00 to C$15.00 in a research note on Friday, March 10th. Raymond James Financial, Inc. reaffirmed a sector perform rating and issued a C$17.00 price target on shares of Element Fleet Management Corp in a research note on Thursday, February 2nd. Royal Bank of Canada downgraded Element Fleet Management Corp from an outperform rating to a sector perform rating and dropped their price target for the company from C$16.00 to C$13.00 in a research note on Monday, April 24th. Credit Suisse Group AG dropped their price target on Element Fleet Management Corp from C$16.00 to C$14.50 in a research note on Thursday, May 11th. Finally, TD Securities boosted their target price on Element Fleet Management Corp from C$13.00 to C$13.50 and gave the stock a hold rating in a research note on Thursday, May 11th. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of C$14.35.

Element Fleet Management Corp (TSE:EFN) had its price objective decreased by Barclays PLC from C$18.00 to C$15.00 in a research report sent to investors on Monday, May 15th, StockTargetPrices.com reports.

Shares of Element Fleet Management Corp (EFN) opened at 9.37 on Monday. The company’s 50-day moving average is $11.31 and its 200 day moving average is $12.34. The stock has a market cap of $3.64 billion and a P/E ratio of 11.29. Element Fleet Management Corp has a 1-year low of $6.20 and a 1-year high of $16.57. In other Element Fleet Management Corp news, Director Paul Damp purchased 15,000 shares of the company’s stock in a transaction on Monday, March 13th. The shares were purchased at an average cost of C$12.86 per share, with a total value of C$192,900.00. Also, Director Steven Kenneth Hudson sold 872,880 shares of the business’s stock in a transaction that occurred on Wednesday, March 22nd. The shares were sold at an average price of C$12.60, for a total value of C$10,998,288.00. Over the last three months, insiders acquired 28,000 shares of company stock worth $517,900.

About Element Fleet Management Corp Element Financial Corporation is an independentfinancial services company that originates, co-invests in and manages asset-based financings with operations in Canada and the United States. The Company operates in four business verticals: Commercial and Vendor Finance, Aviation Finance, Fleet Management and Rail Finance.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:EFN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Related posts

Leave a Comment