Element Fleet Management Corp. (TSE:EFN) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of Element Fleet Management Corp. (TSE:EFN - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the nine ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is C$33.63.

EFN has been the subject of several research reports. Jefferies Financial Group lowered Element Fleet Management from a "buy" rating to a "hold" rating and cut their price objective for the stock from C$32.00 to C$30.00 in a research note on Friday, November 15th. CIBC lifted their price target on Element Fleet Management from C$33.00 to C$34.00 and gave the stock an "outperform" rating in a research note on Thursday, January 30th. Raymond James increased their price objective on Element Fleet Management from C$30.00 to C$34.00 in a research note on Thursday, November 14th. National Bankshares lifted their target price on shares of Element Fleet Management from C$37.00 to C$39.00 in a research note on Thursday, November 14th. Finally, Scotiabank dropped their target price on shares of Element Fleet Management from C$33.00 to C$32.00 in a report on Thursday, November 14th.

Insider Transactions at Element Fleet Management

In other news, Senior Officer Carlos David Madrigal Gonzalez sold 5,200 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of C$27.40, for a total transaction of C$142,480.00. Also, Senior Officer Laura Lee Dottori-Attanasio acquired 2,500 shares of the business's stock in a transaction that occurred on Monday, December 23rd. The shares were acquired at an average cost of C$28.78 per share, with a total value of C$71,950.00. In the last quarter, insiders have purchased 19,625 shares of company stock worth $562,999 and have sold 38,948 shares worth $1,154,902. Insiders own 0.26% of the company's stock.

Element Fleet Management Price Performance

Shares of EFN stock traded up C$0.48 on Friday, reaching C$28.51. 317,359 shares of the company were exchanged, compared to its average volume of 475,628. Element Fleet Management has a 1 year low of C$21.20 and a 1 year high of C$30.49. The company has a debt-to-equity ratio of 303.14, a quick ratio of 5.70 and a current ratio of 8.22. The business has a 50-day moving average price of C$28.87 and a 200 day moving average price of C$28.36. The company has a market cap of C$11.51 billion, a price-to-earnings ratio of 22.27, a P/E/G ratio of 2.97 and a beta of 0.91.

Element Fleet Management Company Profile

Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets.