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RBC Capital Markets announced Element Fleet Management (TSE:EFN), bumping its target to $17.00 earlier today

RBC Capital Markets upped the price target of Element Fleet Management (TSE:EFN) to $17.00 stating a potential upside of 0.34%.

Previously on 03/10/2017, BMO Capital Markets reported on Element Fleet Management (TSE:EFN) reduced the target price from $16.00 to $15.00. At the time, this indicated a possible upside of 0.15%.

Just yesterday Element Fleet Management (TSE:EFN) traded -0.54% lower at $12.69. Element Fleet Management’s 50-day moving average is $13.52 and its 200-day moving average is $13.15. The last closing price is down -2.82% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 951,173 shares of EFN traded hands, down from an average trading volume of 1,820,850

Recent Performance Chart

Element Fleet Management (TSE:EFN)

Element Fleet Management has 52 week low of $11.00 and a 52 week high of $16.57 with a P/E ratio of 13.34 and has a market cap of $0.

Also covering Element Fleet Management's target, a total of 13 equity analysts have released a research note on Element Fleet Management. The 12-month price target is $12.01 with two firms rating the stock a strong buy, 10 firms rating the stock a buy, zero equity analysts rating the company a hold, one equity analyst rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About 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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