Shares of Element Fleet Management (EFN) were revisited by a Wall Street analyst today. Raymond James’ analyst Brenna Phelan reiterates their Buy rating on the shares, with a C$10.50 price target.
Phelan has an average return of 15.4% when recommending Element Fleet Management.
According to TipRanks.com, Phelan is ranked #640 out of 5216 analysts.
Currently, the analyst consensus on Element Fleet Management is a Strong Buy with an average price target of C$9.50, representing a 20.1% upside. In a report released today, National Bank also maintained a Buy rating on the stock with a C$10 price target.
.
The company has a one-year high of C$8.77 and a one-year low of C$3.21. Currently, Element Fleet Management has an average volume of 815.9K.
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 Thursday at C$7.91, close to its 52-week high of C$8.77.
