FLEETCOR Technologies, Inc. – Consensus ‘buy’ rating and 12.7% Upside Potential

Broker Ratings
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FLEETCOR Technologies, Inc. with ticker code (FLT) now have 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $343.00 and $255.00 calculating the average target price we see $314.60. Now with the previous closing price of $279.27 this would indicate that there is a potential upside of 12.7%. Also worth taking note is the 50 day moving average now sits at $281.56 and the 200 day MA is $257.84. The market capitalization for the company is 19.97B. The stock price for the company is currently $276.60 USD

The potential market cap would be $22,498,235,516 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 20.97, revenue per share of $51.37 and a 7.01% return on assets.

Drone Delivery Canada Corp. is a Canada-based technology company. The Company is focused on designing, developing, and implementing drone-based logistics systems. The Company’s hardware/software platform is used in a managed service and software as a service (SaaS) business model for government and corporate organizations. It provides logistics solutions which includes software system (FLYTE), hardware and professional services, allowing cargo delivery process from depot to depot. The Company provides drone logistics infrastructure solution to support governments, commercial and industrial applications, and remote communities (Indigenous and non-Indigenous). Its FLYTE software is a virtual flight management software which offers real-time package tracking and delivery notifications, scheduling, a database of all shipments/waybill records, temperature monitoring logs for temperature-sensitive cargo, and maintenance logs of all drones including their components.

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