Laura Lee Dottori-Attanasio Purchases 18,000 Shares of Element Fleet Management Corp. (TSE:EFN) Stock

Element Fleet Management Corp. (TSE:EFN) Senior Officer Laura Lee Dottori-Attanasio bought 18,000 shares of the stock in a transaction dated Tuesday, March 4th. The shares were purchased 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 purchased 2,500 shares of Element Fleet Management stock. The shares were bought at an average price 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 shares were bought at an average price of C$28.70 per share, for a total transaction of C$301,350.00.

Element Fleet Management Stock Performance

EFN stock opened at C$28.18 on Friday. 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 business’s fifty day simple moving average is C$28.72 and its two-hundred day simple moving average is C$28.69. Element Fleet Management Corp. has a twelve month low of C$21.20 and a twelve month high of C$30.49. The firm has a market cap of C$8.08 billion, a price-to-earnings ratio of 23.39, a PEG ratio of 2.97 and a beta of 0.91.

Analysts Set New Price Targets

EFN has been the topic of several recent research reports. National Bankshares decreased their price target on Element Fleet Management from C$41.00 to C$40.00 and set an “outperform” rating on the stock in a report on Thursday, February 27th. TD Securities increased their price target on Element Fleet Management from C$32.00 to C$33.00 and gave the company a “buy” rating in a report on Thursday, November 14th. Scotiabank decreased their price target on Element Fleet Management from C$33.00 to C$32.00 in a report on Thursday, November 14th. Raymond James increased their target price on Element Fleet Management from C$34.00 to C$36.00 in a research note on Friday, February 28th. Finally, Jefferies Financial Group lowered Element Fleet Management from a “buy” rating to a “hold” rating and reduced their target price for the stock from C$32.00 to C$30.00 in a research note on Friday, November 15th. One research 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 company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$34.00.

Element Fleet Management Company Profile

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.