FLEETCOR Technologies, Inc. – Consensus ‘buy’ rating and 6.3% Upside Potential

Broker Ratings
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FLEETCOR Technologies, Inc. with ticker code (FLT) have now 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $343.00 and $240.00 suggesting an average Analsyt target price of $300.75. Now with the previous closing price of $282.86 this would imply there is now a potential upside of 6.3%. Also worth taking note is the 50 day moving average now sits at $259.81 and the 200 day MA is $248.49. The market cap for the company is 20.76B. The stock price is currently at: $287.46 USD

The potential market cap would be $22,068,527,857 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 22.53, 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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