A statement released earlier today by CIBC World Markets about Element Financial Corp (TSE:EFN) bumps down the target price to $20.00
- Updated: September 22, 2016
CIBC World Markets bumped down the target of Element Financial Corp (TSE:EFN) to $20.00 stating a potential upside of 0.26%.
On 08/04/2016, TD Securities released a statement for Element Financial Corp (TSE:EFN) bumped up the target price from $0.00 to $20.00 that suggested an upside of 0.44%.
Boasting a price of $15.82, Element Financial Corp (TSE:EFN) traded 2.17% higher on the day. With the last stock price close up 9.77% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Element Financial Corp has recorded a 50-day average of $13.96 and a two hundred day average of $14.39. Volume of trade was up over the average, with 1,614,842 shares of EFN changing hands over the typical 1,422,030
With a total market value of $0, Element Financial Corp has price-earnings ratio of 22.18 with a one year low of $11.47 and a one year high of $19.53 .
A total of 12 analysts have released a research note on Element Financial Corp. Three equity analysts rating the company a strong buy, 7 brokers rating the stock a buy, 0 brokerages rating the stock a hold, one equity analyst rating the company a underperform, and finally zero firms rating the stock a sell with a consensus target price of $15.76.
Brief Synopsis About Element Financial Corp (TSE:EFN)
Element Financial Corporation is a Canada-based independent financial services company. The Company originates, co-invests in and manages asset-based financings and related service programs with operations in Canada, the United States, Australia, New Zealand and Mexico. The Company's operations include approximately four business verticals, such as Fleet Management, which provides vehicle fleet leasing and management solutions and related service programs to North American companies, including service cards, remarketing, maintenance management and accident services; Rail Finance, which provides railcar leasing through vendor financing programs; Commercial and Vendor Finance, which services the mid-ticket finance segment of the equipment finance industry, and Aviation Finance, which originates equipment financing and leasing transactions primarily for the financing of assets, such as helicopters, simulators and business aircraft.
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