Q1 2018 EPS Estimates for Element Fleet Management Corp. Decreased by National Bank Financial (EFN)

Element Fleet Management Corp. (TSE:EFN) – National Bank Financial dropped their Q1 2018 earnings per share (EPS) estimates for Element Fleet Management Corp. in a note issued to investors on Wednesday. National Bank Financial analyst J. Gloyn now forecasts that the financial services provider will post earnings per share of $0.23 for the quarter, down from their previous forecast of $0.24. National Bank Financial has a “Sector Perform” rating and a $10.50 price objective on the stock. National Bank Financial also issued estimates for Element Fleet Management Corp.’s FY2018 earnings at $0.99 EPS.

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Several other equities analysts have also weighed in on EFN. Royal Bank Of Canada upgraded shares of Element Fleet Management Corp. from a “sector perform” rating to an “outperform” rating and set a C$13.00 price objective for the company in a research report on Monday, July 24th. TD Securities decreased their target price on shares of Element Fleet Management Corp. from C$13.50 to C$11.00 and set a “hold” rating for the company in a report on Friday, July 28th. CSFB decreased their target price on shares of Element Fleet Management Corp. from C$14.50 to C$13.00 and set an “outperform” rating for the company in a report on Monday, July 31st. Credit Suisse Group cut shares of Element Fleet Management Corp. from an “outperform” rating to a “neutral” rating in a report on Friday, August 11th. Finally, BMO Capital Markets decreased their target price on shares of Element Fleet Management Corp. from C$15.00 to C$11.00 in a report on Friday, August 11th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of C$11.50.

Element Fleet Management Corp. (EFN) opened at C$9.47 on Monday. Element Fleet Management Corp. has a 12-month low of C$6.20 and a 12-month 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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