GMP Securities lifted their price target on shares of Element Financial (TSE: EFN) from $8.50 to $10.25 in a research note issued on Wednesday.

A number of other firms have also recently commented on EFN. Analysts at Scotiabank raised their price target on shares of Element Financial from $9.00 to $10.50 in a research note to investors on Wednesday. They now have a “focus stock” rating on the stock.

Element Financial traded down 0.11% on Wednesday, hitting $8.78. Element Financial has a 52-week low of $4.98 and a 52-week high of $9.05. The stock’s 50-day moving average is currently $8.17.

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