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A statement released earlier today by TD Securities about Element Fleet Management (TSE:EFN) raises the target price to $10.50

Element Fleet Management (TSE:EFN) had its target price upped to $10.50 by TD Securities in an issued report issued Wednesday October 18, 2017. The upped price target implies a potential upside of 0.11% from the company's previous stock price.

Previously on 8/17/2017, BMO Capital Markets released a statement about Element Fleet Management (TSE:EFN) reduced the target price from $15.00 to $11.00. At the time, this indicated a possible upside of 0.27%.

Just yesterday Element Fleet Management (TSE:EFN) traded -0.32% lower at $9.43. Element Fleet Management’s 50-day moving average is $9.18 and its 200-day moving average is $9.97. The last stock price is down -5.86% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 484,986 shares of EFN traded hands, down from an average trading volume of 1,871,470

Recent Performance Chart

Element Fleet Management (TSE:EFN)

Element Fleet Management has 52 week low of $6.20 and a 52 week high of $14.42 with a PE ratio of 14.01 and has a market capitalization of $0.

In addition to TD Securities reporting its stock price target, a total of 13 brokerages have issued a ratings update on the company. The average stock price target is $12.01 with 2 brokerages rating the stock a strong buy, 10 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Element Fleet Management (TSE:EFN)

Element Fleet Management Corp. is a Canada-based fleet management company that provides services and financing for commercial vehicle fleets. The Company's offerings span the total fleet lifecycle, from acquisition and financing, to program management and remarketing. The Company provides both essential and fully outsourced fleet management, with services for cars and light duty vehicles, medium and heavy duty trucks and material handling equipment. Element operates across the United States, Canada, Mexico, Australia and New Zealand, and worldwide through its Element-Arval Global Alliance.

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