Wall Street analyst has provided a review for the Financial company yesterday, but retained the same rating on the stock. Barclays’ analyst John Aiken reiterates their Buy rating on the shares of Element Fleet Management (TSX: EFN), with a C$9 price target.
According to TipRanks.com, Aiken has currently no stars on a ranking scale of 0-5 stars, with an average return of -3.2% and a 38.9% success rate. Aiken covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.
Element Fleet Management has an analyst consensus of Moderate Buy, with a price target consensus of C$9.14, an 11.1% upside from current levels. In a report released yesterday, Raymond James also maintained a Buy rating on the stock with a C$10.50 price target.
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The company has a one-year high of C$11.03 and a one-year low of C$3.21. Currently, Element Fleet Management has an average volume of 1.06M.
Element Fleet Management Corp. engages in the provision of financial services. It operates through the following segments: Commercial and Vendor Finance, Aviation Finance, Fleet Management and Rail Finance. The Commercial and Vendor Finance segment is its vertical servicing the mid-ticket finance segment of the equipment finance industry.
The company’s shares closed on Friday at C$8.23.
