Element Fleet Management Corp. (TSE:EFN) – Investment analysts at National Bank Financial decreased their FY2017 EPS estimates for Element Fleet Management Corp. in a research note issued to investors on Wednesday. National Bank Financial analyst J. Gloyn now expects that the financial services provider will post earnings per share of $0.89 for the year, down from their previous estimate of $0.91. National Bank Financial currently has a “Sector Perform” rating and a $10.50 target price on the stock. National Bank Financial also issued estimates for Element Fleet Management Corp.’s Q4 2017 earnings at $0.21 EPS and Q3 2018 earnings at $0.25 EPS.

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Several other equities research analysts have also weighed in on the company. TD Securities boosted their target price on Element Fleet Management Corp. from C$10.50 to C$11.00 and gave the stock a “hold” rating in a report on Thursday. CIBC cut Element Fleet Management Corp. from an “outperform” rating to a “neutral” rating and boosted their price objective for the company from C$10.00 to C$11.00 in a research report on Tuesday, October 31st. Scotiabank lowered their price objective on Element Fleet Management Corp. from C$13.00 to C$11.00 and set a “sector perform” rating on the stock in a research report on Thursday, August 17th. Raymond James Financial, Inc. cut Element Fleet Management Corp. from a “strong-buy” rating to an “outperform” rating and lowered their price objective for the company from C$16.00 to C$13.00 in a research report on Thursday, August 17th. Finally, Credit Suisse Group lowered their price objective on Element Fleet Management Corp. from C$11.50 to C$10.00 and set a “sector perform” rating on the stock in a research report on Thursday, August 17th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of C$11.50.

Shares of Element Fleet Management Corp. (TSE EFN) opened at C$9.64 on Friday. Element Fleet Management Corp. has a 1-year low of C$6.20 and a 1-year high of C$14.42.

Element Fleet Management Corp. 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.

Earnings History and Estimates for Element Fleet Management Corp. (TSE:EFN)

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