Element Financial (EFN) to Release Quarterly Earnings on Thursday
Element Financial (TSE:EFN) will announce its earnings results before the market opens on Thursday, March 15th. Analysts expect the company to announce earnings of C$0.19 per share for the quarter.
Shares of Element Financial (EFN) opened at C$5.29 on Wednesday. Element Financial has a one year low of C$4.30 and a one year high of C$13.35. The firm has a market capitalization of $2,000.00, a price-to-earnings ratio of 22.04 and a beta of 1.14.
A number of equities research analysts have recently weighed in on EFN shares. Scotiabank dropped their price objective on Element Financial from C$10.50 to C$9.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 6th. TD Securities lowered their target price on Element Financial from C$11.00 to C$10.50 and set a “hold” rating for the company in a research note on Thursday, January 18th. Royal Bank of Canada lowered their target price on Element Financial from C$12.00 to C$8.00 and set an “outperform” rating for the company in a research note on Tuesday, February 6th. CIBC cut Element Financial from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from C$12.00 to C$8.50 in a research note on Tuesday, February 6th. Finally, Barclays lowered their target price on Element Financial from C$12.00 to C$11.00 in a research note on Tuesday, February 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. Element Financial presently has a consensus rating of “Hold” and a consensus price target of C$8.95.
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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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