Element Fleet Management (OTCMKTS:ELEEF) PT Lowered to C$13.50

Element Fleet Management (OTCMKTS:ELEEF – Get Rating) had its target price decreased by BMO Capital Markets from C$14.50 to C$13.50 in a research report sent to investors on Tuesday, The Fly reports.

A number of other analysts have also issued reports on the stock. Raymond James raised their target price on shares of Element Fleet Management from C$13.25 to C$14.00 in a research report on Tuesday. Royal Bank of Canada raised their target price on shares of Element Fleet Management from C$17.00 to C$18.00 in a research report on Wednesday, March 2nd. National Bank Financial lifted their price target on shares of Element Fleet Management from C$19.00 to C$20.00 in a report on Tuesday. Finally, TD Securities lifted their price target on shares of Element Fleet Management from C$12.50 to C$13.00 in a report on Tuesday. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Element Fleet Management currently has an average rating of Buy and a consensus target price of $15.71.

Shares of OTCMKTS ELEEF opened at $10.11 on Tuesday. Element Fleet Management has a 1 year low of $8.51 and a 1 year high of $12.11. The firm’s 50 day moving average price is $9.41 and its 200 day moving average price is $9.93.

Element Fleet Management Company Profile (Get Rating)

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, the United States, Mexico, Australia, and New Zealand. The company offers fleet management services comprising vehicle acquisition, financing, program management, and remarketing services to corporate, commercial, government, and public service vehicle fleets.

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