Element Fleet Management (OTCMKTS:ELEEF) Price Target Raised to C$20.00

Element Fleet Management (OTCMKTS:ELEEFGet Rating) had its price objective increased by National Bank Financial from C$19.00 to C$20.00 in a report released on Tuesday morning, The Fly reports.

Several other equities analysts have also recently issued reports on ELEEF. TD Securities boosted their target price on shares of Element Fleet Management from C$12.50 to C$13.00 in a research note on Tuesday. Raymond James boosted their target price on shares of Element Fleet Management from C$13.25 to C$14.00 in a research note on Tuesday. Finally, Royal Bank of Canada boosted their target price on shares of Element Fleet Management from C$17.00 to C$18.00 in a research note on Wednesday, March 2nd. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of Buy and an average target price of $15.71.

ELEEF opened at $10.11 on Tuesday. The firm has a fifty day moving average price of $9.41 and a 200 day moving average price of $9.93. Element Fleet Management has a 1 year low of $8.51 and a 1 year high of $12.11.

About Element Fleet Management (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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