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Element Fleet Management (EFN) Stock Forecast & Price Target

C$26.17
0.00 (0.00%)
(As of 07/19/2024 ET)

Element Fleet Management - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 8 Wall Street analysts who have issued ratings for Element Fleet Management in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 1 has given a sell rating, 6 have given a buy rating, and 1 has given a strong buy rating for EFN.

Consensus Price Target

C$28.50
8.90% Upside
High ForecastC$33.00
Average ForecastC$28.50
Low ForecastC$26.00

According to the 8 analysts' twelve-month price targets for Element Fleet Management, the average price target is C$28.50. The highest price target for EFN is C$33.00, while the lowest price target for EFN is C$26.00. The average price target represents a forecasted upside of 8.90% from the current price of C$26.17.

TypeCurrent Forecast
7/21/23 to 7/20/24
1 Month Ago
6/21/23 to 6/20/24
3 Months Ago
4/22/23 to 4/21/24
1 Year Ago
7/21/22 to 7/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$28.50C$28.50C$27.63C$23.38
Forecasted Upside8.90% Upside22.68% Upside24.00% Upside23.43% Upside
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EFN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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EFN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Element Fleet Management Stock vs. The Competition

TypeElement Fleet ManagementIndustrials Companies
Consensus Rating Score
2.88
2.60
Consensus RatingModerate BuyModerate Buy
News Sentiment RatingNeutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/16/2024National Bankshares
1 of 5 stars
 Boost TargetOutperformC$31.00 ➝ C$33.00+37.33%
5/16/2024Scotiabank
5 of 5 stars
 Boost TargetOutperformC$26.00 ➝ C$27.00+12.36%
5/16/2024CIBC
3 of 5 stars
 Boost TargetOutperformC$25.00 ➝ C$26.00+8.20%
5/16/2024BMO Capital Markets
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 Boost TargetC$26.00 ➝ C$28.00+16.52%
5/15/2024TD Securities
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 Boost TargetBuyC$27.00 ➝ C$28.00+17.99%
2/29/2024Veritas Investment Research
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 Reiterated RatingReduce
2/28/2024Raymond James
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 Boost TargetStrong-BuyC$26.00 ➝ C$29.00+27.19%
1/4/2024Royal Bank of Canada
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 Boost TargetOutperformC$30.00 ➝ C$31.00+42.14%
8/10/2023Barclays
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 Boost TargetC$24.00 ➝ C$26.00+23.99%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:15 AM ET.

EFN Forecast - Frequently Asked Questions

What is Element Fleet Management's forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Element Fleet Management is C$28.50, with a high forecast of C$33.00 and a low forecast of C$26.00.

Should I buy or sell Element Fleet Management stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Element Fleet Management in the last twelve months. There is currently 1 sell rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" EFN shares.

Does Element Fleet Management's stock price have much upside?

According to analysts, Element Fleet Management's stock has a predicted upside of 22.68% based on their 12-month stock forecasts.

Has Element Fleet Management been upgraded by Wall Street analysts recently?

Over the previous 90 days, Element Fleet Management's stock had 1 upgrade by analysts.

What analysts cover Element Fleet Management?

Element Fleet Management has been rated by research analysts at BMO Capital Markets, CIBC, National Bankshares, Scotiabank, and TD Securities in the past 90 days.

Do Wall Street analysts like Element Fleet Management more than its competitors?

Analysts like Element Fleet Management more than other "industrials" companies. The consensus rating score for Element Fleet Management is 2.88 while the average consensus rating score for "industrials" companies is 2.60. Learn more on how EFN compares to other companies.


This page (TSE:EFN) was last updated on 7/20/2024 by MarketBeat.com Staff

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