The stock of Element Fleet Management Corp (TSE:EFN) is a huge mover today! About 49,466 shares traded hands. Element Fleet Management Corp (TSE:EFN) has declined 23.09% since April 20, 2016 and is downtrending. It has underperformed by 28.50% the S&P500.
The move comes after 9 months positive chart setup for the $4.41 billion company. It was reported on Nov, 24 by Barchart.com. We have $12.08 PT which if reached, will make TSE:EFN worth $264.60M more.
Element Fleet Management Corp (TSE:EFN) Ratings Coverage
Out of 5 analysts covering Element Financial Corporation (TSE:EFN), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $27 is the highest target while $14 is the lowest. The $19.94 average target is 74.91% above today’s ($11.4) stock price. Element Financial Corporation has been the topic of 18 analyst reports since August 10, 2015 according to StockzIntelligence Inc. BMO Capital Markets maintained Element Fleet Management Corp (TSE:EFN) on Tuesday, September 1 with “Outperform” rating. Barclays Capital reinitiated Element Fleet Management Corp (TSE:EFN) on Wednesday, September 2 with “Overweight” rating. Scotia Capital maintained it with “Outperform” rating and $20 target price in Thursday, September 22 report. The stock of Element Fleet Management Corp (TSE:EFN) earned “Outperform” rating by Scotia Capital on Monday, August 10. The rating was maintained by Scotia Capital with “Sector Outperform” on Thursday, October 15. The stock of Element Fleet Management Corp (TSE:EFN) has “Outperform” rating given on Thursday, February 4 by RBC Capital Markets.
More recent Element Fleet Management Corp (TSE:EFN) news were published by: Marketwatch.com which released: “Element Fleet Management Corp. Opens the Market” on October 03, 2016. Also Finance.Yahoo.com published the news titled: “Element Fleet Management reports $0.25 of After-tax Adjusted Operating Income …” on November 14, 2016. Forbes.com‘s news article titled: “Element Fleet Management Getting Very Oversold (EFN)” with publication date: November 08, 2016 was also an interesting one.
Element Fleet Management Corp. is a Canada fleet management firm that provides services and financing for commercial vehicle fleets. The company has a market cap of $4.41 billion. The Company’s offerings span the total fleet lifecycle, from acquisition and financing, to program management and remarketing. It has a 17.38 P/E ratio. The Firm provides both essential and fully outsourced fleet management, with services for cars and light duty vehicles, medium and heavy duty trucks and material handling equipment.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.