Several brokerages raised price targets for Element Fleet Management, boosting its "Moderate Buy" rating.

Several brokerages, including National Bankshares and Raymond James, have raised their price targets for Element Fleet Management (EFN), despite Scotiabank lowering its target. The company has a "Moderate Buy" rating and a consensus price target of C$33.63. EFN recently reported an EPS of C$0.40, exceeding expectations, and has seen insider buying. The company, which specializes in fleet management services in Canada, Mexico, Australia, and New Zealand, has a market cap of C$10.90 billion.

November 14, 2024
3 Articles