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.

About Enerflex

Enerflex Ltd. is a Canada-based supplier of natural gas compression, oil and gas processing, refrigeration systems and electric power equipment. The Company’s inā€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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