Analyst Downgrades – Element Fleet Management Corp (TSE:EFN) Stock Gets Downgraded By Royal Bank of Canada from Outperform to Sector Perform

ME Staff
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Analyst Ratings For Element Fleet Management Corp (TSE:EFN)

Today, Element Fleet Management Corp (TSE:EFN) stock was downgraded by Royal Bank of Canada from Outperform to Sector Perform with a price target of C$13.00.

There are 3 hold ratings, 2 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on Element Fleet Management Corp (TSE:EFN) is Buy (Score: 2.67) with a consensus target price of C$15.33 per share, a potential .

Some recent analyst ratings include

  • 4/24/2017-Royal Bank of Canada was Downgraded by analysts at Royal Bank of Canada from a “Outperform ” rating to a ” Sector Perform” rating. They now have a C$13.00 price target on the stock, up previously from C$16.00 .
  • 3/10/2017-Scotiabank was Downgraded by analysts at Scotiabank from a “Outperform ” rating to a ” Sector Perform” rating. They now have a C$15.00 price target on the stock.
  • 3/10/2017-TD Securities was Downgraded by analysts at TD Securities from a “Buy ” rating to a ” Hold” rating. They now have a C$15.00 price target on the stock, up previously from C$14.50 .


    About Element Fleet Management Corp (TSE:EFN)
    Element Financial Corporation is an independentfinancial services company that originates, co-invests in and manages asset-based financings with operations in Canada and the United States. The Company operates in four business verticals: Commercial and Vendor Finance, Aviation Finance, Fleet Management and Rail Finance. The Commercial and Vendor Finance business provides a range of financing programs for the transportation, construction, industrial, technology, healthcare, energy and franchise markets with transactions ranging from $500,000 to $40 million . Aviation Finance provides structured financing for fixedwing and helicopter aircraft withtransactions ranging from $1 million to $250+ million. Fleet Management provides financing, managementand technology support for utility and perk vehicle fleets across arange of industries. Rail Finance provides financing for tank cars, hopper cars and covered gondolas with transactions ranging from $150,000 to $200 million.

    Recent Trading Activity for Element Fleet Management Corp (TSE:EFN)
    Shares of Element Fleet Management Corp closed the previous trading session at 11.71 down -0.30 -2.50% with shares trading hands.