FLEETCOR Technologies, Inc. – Consensus ‘buy’ rating and 21.9% Upside Potential

Broker Ratings
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FLEETCOR Technologies, Inc. with ticker code (FLT) now have 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $315.00 and $235.00 calculating the mean target price we have $285.20. Given that the stocks previous close was at $234.01 this would imply there is now a potential upside of 21.9%. The day 50 moving average is $250.37 and the 200 moving average now moves to $236.16. The company has a market cap of 17.03B. The stock price for the company is currently $235.86 USD

The potential market cap would be $20,755,405,910 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 18.48, revenue per share of $50.39 and a 6.73% 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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