FleetCor Technologies – Consensus Says Potential Rise of 18.4%

FleetCor Technologies with ticker code (FLT) now have 16 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The range between the high target price and the low target price is between 360 and 275 by calculating the average target price that we have 309.69. With the stock’s previous close at 261.57, this indicates that there is a potential upside of 18.4%. The 50 day MA is 261.28 and the 200 moving average is now rising to 268.02. The company’s market capitalization is $ 21,607 million. Company website: http://www.fleetcor.com

FLEETCOR Technologies provides digital payment solutions for businesses to control purchases and make payments. It offers business payment solutions, such as accounts payable automation; Virtual card, which provides a single-use card number for a specific amount usable within a defined time frame; Cross-border used by its clients to pay international suppliers, overseas office and personnel expenses, capital expenses, repatriation of profits and dividends; and acquisition cards and travel and entertainment cards that allow its customers to analyze and manage their business expenses. The Company also provides employee expense management solutions, including fuel solutions to businesses and government entities that operate vehicle fleets, as well as oil and leasing companies, and fuel distributors; accommodation solutions for businesses that have employees who travel overnight for business purposes, as well as airlines and cruise lines to accommodate stranded crews and passengers; and electronic toll payment solutions to businesses and consumers in the form of RFID tags affixed to vehicle windshields. In addition, it offers management and processing services for gift card programs in plastic and digital forms, including card design, production and packaging, delivery and fulfillment, card management and accounts, transaction processing, development and management of promotions, website design and hosting, program analysis. , and management of card distribution channels. In addition, it provides other products including payroll cards, vehicle maintenance service solution, long distance transportation solution, prepaid meal vouchers or cards, and prepaid travel cards and vouchers. The company serves business, merchant, consumer and payment network customers in North America, Brazil and internationally. The company was founded in 1986 and is headquartered in Atlanta, Georgia.

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