Analyst Price Target is C$33.50
▲ +15.92% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Element Fleet Management in the last 3 months. The average price target is C$33.50, with a high forecast of C$39.00 and a low forecast of C$30.00. The average price target represents a 15.92% upside from the last price of C$28.90.
Current Consensus is
Moderate Buy
The current consensus among 9 contributing investment analysts is to moderate buy stock in Element Fleet Management. This rating has held steady since February 2024, when it changed from a Buy consensus rating.
Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets. The company's suite of fleet management services deals with acquisition and financing, to program management and remarketing. ECN Capital operates across North America in three verticals of the equipment finance market: commercial and vendor finance, rail finance, and commercial aviation finance. Element Fleet Management represented the majority of the company's business prior to its separation into two companies.
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