Monness announced FleetCor (NYSE:FLT), bumping up its stock price target to $164.51 today
- Updated: September 18, 2016
Indicating a possible upside of 0.00%, Monness raised the estimated target of FleetCor (NYSE:FLT) to $165.
Previously on 8/05/2016, Barclays Capital reported on FleetCor(NYSE:FLT) upped the target price from $160.00 to $170.00. At the time, this suggested an upside of 0.04%.
Showing a price of $0.00, FleetCor (NYSE:FLT) traded 0.87% higher on the day. With the last stock price close down 9.03% relative to the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time period. The company has logged a 50-day moving average of $162.71 and 200-day average of $150.89. Trade volume was was up over the average, with 1,126,455 shares of FLT changing hands over the typical 621,106 shares.
Recent Performance Graphic:
FleetCor has a PE of 39 with a one-year low of $107.56 and a 52 week high of $169.59. FleetCor’s market capitalization is presently $0.0.
A total of 13 analysts have reported on FLT. Two analysts rate the company a strong buy, eight analysts rate the stock a buy, five firms rate the company a hold, 0 rate the stock to underperform, and finally 0 brokeragesrate the stock as sell with an average target of $164.38
More About FleetCor (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, and leasing companies and petroleum marketers.
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