Raymond James Remains a Buy on Element Fleet Management (EFN)


A Wall Street analyst has provided a review for the Financial company today, but retained the same rating on the stock. Analyst Brenna Phelan from Raymond James remains bullish on Element Fleet Management (EFN) and has a C$10.50 price target.

Phelan has an average return of 18.6% when recommending Element Fleet Management.

According to TipRanks.com, Phelan is ranked #564 out of 5180 analysts.

Currently, the analyst consensus on Element Fleet Management is a Strong Buy with an average price target of C$9.38.

Element Fleet Management’s market cap is currently C$2.81B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.02.

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$7.43.

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