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A statement released earlier today by RBC Capital Markets about Element Fleet Management (TSE:EFN) bumps the target price to $17.00

RBC Capital Markets raised the target price of Element Fleet Management (TSE:EFN) to $17.00 indicating a possible upside of 0.32%.

On 9/30/2016, TD Securities released a statement for Element Fleet Management (TSE:EFN) bumped down the target price from $19.50 to $16.00 that suggested a downside of -0.02%.

Boasting a price of $12.85, Element Fleet Management (TSE:EFN) traded -19.98% lower on the day. With the last stock price close down -10.09% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. EFN has recorded a 50-day average of $14.45 and a two hundred day average of $14.44. Trade Volume was down over the average, with 1,019,774 shares of EFN changing hands under the typical 1,506,440

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Element Fleet Management (TSE:EFN)

Element Fleet Management has a 52 week low of $11.47 and a 52 week high of $19.15 with a P/E ratio of 18.23 Element Fleet Management’s market capitalization is currently $0.

Also covering Element Fleet Management's price target, a total of 14 analysts have released a report on Element Fleet Management. The 12-month price target is $15.01 with 0 brokers rating the company a strong buy, zero firms rating the stock a buy, 0 analysts rating the company a hold, zero brokerages rating the stock a underperform, and finally zero analysts rating the company a sell.

General Information About Element Fleet Management (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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