A number of other research analysts have also recently issued reports on the company. CIBC cut Element Financial from an outperform rating to a neutral rating and cut their price objective for the company from C$12.00 to C$8.50 in a report on Tuesday. Royal Bank of Canada cut their price objective on Element Financial from C$12.00 to C$8.00 and set an outperform rating for the company in a report on Tuesday. TD Securities cut their price objective on Element Financial from C$10.50 to C$7.50 and set a hold rating for the company in a report on Tuesday. Finally, National Bank Financial lifted their price objective on Element Financial from C$10.00 to C$10.50 and gave the company a sector perform rating in a report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. Element Financial currently has a consensus rating of Hold and a consensus price target of C$9.45.
Element Financial (TSE EFN) opened at C$5.45 on Tuesday. The company has a market capitalization of $2,140.00, a price-to-earnings ratio of 22.71 and a beta of 0.74. Element Financial has a 12-month low of C$5.25 and a 12-month high of C$14.42.
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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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