Shares of Element Fleet Management (EFN) were revisited by a Wall Street analyst today. Analyst Geoffrey Kwan from RBC Capital rated Element Fleet Management (EFN) a Buy, setting a C$9.50 price target.
According to TipRanks.com, Kwan is a 3-star analyst with an average return of 1.0% and a 41.6% success rate. Kwan covers the Financial sector, focusing on stocks such as Element Financial, IGM Financial, and Sprott Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Element Fleet Management with a C$9.33 average price target.
Element Fleet Management’s market cap is currently C$2.86B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.03.
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 Tuesday at C$7.54.
