Raymond James Financial Cuts Element Financial (EFN) Price Target to C$11.00
Element Financial (TSE:EFN) had its target price decreased by Raymond James Financial from C$13.00 to C$11.00 in a research report report published on Tuesday. Raymond James Financial currently has an outperform rating on the financial services provider’s stock.
EFN has been the subject of several other reports. TD Securities lifted their price objective on shares of Element Financial from C$9.50 to C$10.50 in a research note on Wednesday, October 18th. CIBC lowered shares of Element Financial from an outperform rating to a neutral rating and dropped their price objective for the stock from C$12.00 to C$8.50 in a research note on Tuesday. Barclays dropped their price objective on shares of Element Financial from C$12.00 to C$11.00 in a research note on Tuesday. Royal Bank of Canada dropped their price objective 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. Finally, National Bank Financial lifted their price objective on shares of Element Financial from C$10.00 to C$10.50 and gave the stock a sector perform rating in a research note on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of C$9.45.
Element Financial (TSE EFN) opened at C$5.44 on Tuesday. Element Financial has a fifty-two week low of C$5.25 and a fifty-two week high of C$14.42. The firm has a market cap of $2,070.00, a price-to-earnings ratio of 22.67 and a beta of 0.74.
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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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