Analysts Have Conflicting Sentiments on These Financial Companies: Valley National Bancorp (VLY), Element Fleet Management (OtherELEEF) and Allied Properties Real Estate Investment Trust (OtherAPYRF)

Analysts have been eager to weigh in on the Financial sector with new ratings on Valley National Bancorp (VLY – Research Report), Element Fleet Management (ELEEF – Research Report) and Allied Properties Real Estate Investment Trust (APYRF – Research Report).

Valley National Bancorp (VLY)

Wedbush analyst David Chiaverini maintained a Hold rating on Valley National Bancorp today and set a price target of $14.00. The company’s shares closed last Thursday at $12.36.

According to TipRanks.com, Chiaverini is a 4-star analyst with an average return of 10.7% and a 45.4% success rate. Chiaverini covers the Financial sector, focusing on stocks such as Pacific Premier Bancorp, Cathay General Bancorp, and First Republic Bank.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Valley National Bancorp with a $15.00 average price target.

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Element Fleet Management (ELEEF)

TD Securities analyst Mario Mendonca maintained a Hold rating on Element Fleet Management today and set a price target of C$12.50. The company’s shares closed last Thursday at $8.96, close to its 52-week low of $8.72.

According to TipRanks.com, Mendonca is a 5-star analyst with an average return of 19.0% and a 68.5% success rate. Mendonca covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Canadian Western Bank.

Element Fleet Management has an analyst consensus of Hold, with a price target consensus of $11.37, a 27.3% upside from current levels. In a report issued on April 26, BMO Capital also maintained a Hold rating on the stock with a C$14.50 price target.

Allied Properties Real Estate Investment Trust (APYRF)

In a report released today, Brad Sturges from Raymond James maintained a Buy rating on Allied Properties Real Estate Investment Trust, with a price target of C$53.00. The company’s shares closed last Wednesday at $33.85.

According to TipRanks.com, Sturges is a 4-star analyst with an average return of 8.6% and a 59.0% success rate. Sturges covers the Financial sector, focusing on stocks such as Flagship Communities REIT Investment Trust, Summit Industrial Income REIT, and Nexus Real Estate Investment.

Allied Properties Real Estate Investment Trust has an analyst consensus of Strong Buy, with a price target consensus of $40.39.

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