Enerflex Ltd (EFX) Given Average Recommendation of “Buy” by Analysts
Shares of Enerflex Ltd (TSE:EFX) have been assigned an average recommendation of “Buy” from the eight analysts that are covering the stock. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$15.25.
A number of equities research analysts have recently issued reports on EFX shares. BMO Capital Markets upped their price objective on Enerflex from C$12.00 to C$14.00 in a research note on Monday, August 8th. AltaCorp Capital reiterated an “outperform” rating on shares of Enerflex in a research note on Monday, August 15th. TD Securities reiterated a “buy” rating and set a C$16.00 price objective on shares of Enerflex in a research note on Monday, September 19th. Raymond James Financial Inc. dropped their price objective on Enerflex from C$15.00 to C$14.75 and set a “market perform” rating on the stock in a research note on Friday, October 7th. Finally, CIBC upped their price objective on Enerflex from C$15.00 to C$16.50 and gave the stock an “outperform” rating in a research note on Monday, August 8th.
Shares of Enerflex (TSE:EFX) traded up 0.68% during midday trading on Friday, hitting $14.76. 222,401 shares of the stock traded hands. The company’s market capitalization is $1.17 billion. The firm’s 50 day moving average price is $13.59 and its 200 day moving average price is $11.65. Enerflex has a 12-month low of $8.59 and a 12-month high of $15.04.
Enerflex Ltd. is a Canada-based supplier of natural gas compression, oil and gas processing, refrigeration systems and electric power equipment. The Company’s in‐house resources provide the capability to engineer, design, manufacture, construct, commission and service hydrocarbon handling systems. The Company operates through three segments: Canada, USA and Rest of World.
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