Shares of Element Financial Corp (TSE:EFN) have been assigned an average recommendation of “Hold” from the ten analysts that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$8.95.
EFN has been the subject of a number of recent research reports. Barclays decreased their price target on shares of Element Financial from C$11.00 to C$6.00 in a research note on Wednesday, March 7th. TD Securities decreased their price target on shares of Element Financial from C$11.00 to C$10.50 and set a “hold” rating for the company in a research note on Thursday, January 18th. CIBC lowered shares of Element Financial from an “outperform” rating to a “neutral” rating and decreased their price target for the company from C$12.00 to C$8.50 in a research note on Tuesday, February 6th. Raymond James Financial decreased their price target on shares of Element Financial from C$13.00 to C$11.00 and set an “outperform” rating for the company in a research note on Tuesday, February 6th. Finally, Royal Bank of Canada decreased their price target on shares of Element Financial from C$12.00 to C$8.00 and set an “outperform” rating for the company in a research note on Tuesday, February 6th.
Shares of Element Financial (TSE:EFN) opened at C$5.29 on Wednesday. The firm has a market cap of $2,000.00, a price-to-earnings ratio of 22.04 and a beta of 1.14. Element Financial has a one year low of C$4.30 and a one year high of C$13.35.
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Element Financial Company Profile
Element Fleet Management Corp. operates as a fleet management company in North America. The company offers fleet management services, including acquisition, financing, program management, and remarketing services for cars and light duty vehicles, medium and heavy duty trucks, material handling equipment, automobiles, and specialty vehicles and equipment, as well as corporate, municipal, and industrial fleets.
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