A statement released earlier today by Barclays Capital about Fleetcor Technologies (NYSE:FLT) bumps the target price to $190.00
- Updated: September 25, 2016
Barclays Capital bumped up the target of Fleetcor Technologies (NYSE:FLT) to $190.00 stating a potential upside of 0.13%.
On 09/19/2016, Monness Crespi released a statement on Fleetcor Technologies (NYSE:FLT) bumped up the target price from $173.00 to $186.00 that suggested an upside of 0.13%.
Boasting a price of $167.65, Fleetcor Technologies (NYSE:FLT) traded -0.92% lower on the day. With the last close up 11.84% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Fleetcor Technologies has recorded a 50-day average of $166.19 and a two hundred day average of $152.48. Volume of trade was up over the average, with 1,378,254 shares of FLT changing hands over the typical 670,028
With a total market value of $0, Fleetcor Technologies has price-earnings ratio of 40.88 with a one year low of $107.56 and a one year high of $172.58 .
A total of 13 analysts have released a research note on FLT. Two analysts rating the company a strong buy, eight analysts rating the company a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $164.38.
More About Fleetcor Technologies (NYSE:FLT)
FleetCor Technologies, Inc. is an independent global provider of fuel cards, commercial payment and data solutions, stored value solutions, and workforce payment products and services to businesses, retailers, commercial fleets, oil companies, petroleum marketers and government entities in countries throughout North America, Latin America, Europe, Australia and New Zealand. The Company operates in two segments: North America and International. In North America, the Company sells a fuel card product, commercial payment and data solutions, lodging and transportation management services, gift card and stored value solutions, as well as a fleet telematics offering. In its International segment, the Company provides fuel card and related fuel services, work force payment and vehicle maintenance management solutions. It sells a range of customized fleet and lodging payment programs to its customers through partners, such as oil companies, leasing companies and petroleum marketers.
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