Element Fleet Management Corp. (TSE:EFN) Senior Officer Laura Lee Dottori-Attanasio Acquires 18,000 Shares

Element Fleet Management Corp. (TSE:EFN) Senior Officer Laura Lee Dottori-Attanasio purchased 18,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average price of C$27.78 per share, with a total value of C$499,991.40.

Laura Lee Dottori-Attanasio also recently made the following trade(s):

• On Monday, December 23rd, Laura Lee Dottori-Attanasio bought 2,500 shares of Element Fleet Management stock. The shares were bought at an average cost of C$28.78 per share, for a total transaction of C$71,950.00.
• On Friday, December 13th, Laura Lee Dottori-Attanasio purchased 10,500 shares of Element Fleet Management stock. The stock was purchased at an average price of C$28.70 per share, for a total transaction of C$301,350.00.

Element Fleet Management Trading Up 1.2 %

Shares of TSE:EFN traded up C$0.33 during midday trading on Wednesday, hitting C$28.12. 79,865 shares of the stock traded hands, compared to its average volume of 534,734. The company has a quick ratio of 5.70, a current ratio of 7.04 and a debt-to-equity ratio of 303.64. The stock has a market capitalization of C$8.06 billion, a PE ratio of 23.34, a P/E/G ratio of 2.97 and a beta of 0.91. Element Fleet Management Corp. has a one year low of C$21.20 and a one year high of C$30.49. The business’s 50 day moving average is C$28.78 and its two-hundred day moving average is C$28.66.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on EFN shares. National Bankshares cut their target price on Element Fleet Management from C$41.00 to C$40.00 and set an “outperform” rating on the stock in a research report on Thursday, February 27th. Raymond James increased their price target on Element Fleet Management from C$34.00 to C$36.00 in a report on Friday, February 28th. TD Securities lifted their price objective on shares of Element Fleet Management from C$32.00 to C$33.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Jefferies Financial Group lowered shares of Element Fleet Management from a “buy” rating to a “hold” rating and cut their target price for the stock from C$32.00 to C$30.00 in a research note on Friday, November 15th. Finally, Scotiabank dropped their price objective on shares of Element Fleet Management from C$33.00 to C$32.00 in a research note on Thursday, November 14th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Element Fleet Management currently has a consensus rating of “Buy” and an average target price of C$34.00.

About Element Fleet Management

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.