In a new note to investors yesterday, an analyst has provided a rating update for the Financial sector company, Element Fleet Management (TSX: EFN). Analyst Phil Hardie from Scotiabank reiterated a Hold rating, with a C$7.50 price target.
According to TipRanks.com, Hardie is ranked #1324 out of 4857 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Element Fleet Management with a C$7.50 average price target.
Element Fleet Management’s market cap is currently C$2.58B and has a P/E ratio of 28.1. The company has a Price to Book ratio of 0.84.
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$6.77.
