Barclays (LON:BARC) analyst Ramsey El Assal maintained a Buy rating on Fleetcor Technologies (NYSE:FLT) on Friday, setting a price target of $321, which is approximately 12.37% above the present share price of $285.66.
El Assal expects Fleetcor Technologies to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in Fleetcor Technologies, with an average price target of $321.58.
The analysts price targets range from a high of $350 to a low of $291.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $608.62 million and a net profit of $265.97 million. The company's market cap is $23.81 billion.
According to TipRanks.com, Barclays analyst Ramsey El Assal is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 18.5% and a 68.86% success rate.
FleetCor Technologies, Inc. is a global business payments company that simplifies the way businesses manage and pay their expenses. The company portfolios of brands help companies automate, secure, digitize and control payments to, or on behalf of, their employees and suppliers. It serves businesses, partners and merchants in North America, Latin America, Europe, and Asia Pacific. The company was founded by W. Boatner Reily, III on February 3, 1998 and is headquartered in Norcross, GA.