Enerflex Ltd (TSE:EFX) had its price objective increased by investment analysts at National Bank Financial from C$15.50 to C$17.25 in a research report issued to clients and investors on Thursday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 13.49% from the company’s current price.

A number of other analysts also recently commented on EFX. CIBC raised their price objective on Enerflex from C$17.50 to C$18.50 in a research report on Wednesday, October 19th. Raymond James Financial Inc. reduced their price objective on Enerflex from C$15.00 to C$14.75 and set a “market perform” rating for the company in a research report on Friday, October 7th. TD Securities reiterated a “buy” rating and issued a C$16.00 price objective on shares of Enerflex in a research report on Monday, September 19th. Scotiabank reiterated an “outperform” rating and issued a C$18.00 price objective on shares of Enerflex in a research report on Thursday, September 8th. Finally, AltaCorp Capital reiterated an “outperform” rating on shares of Enerflex in a research report on Monday, August 15th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Enerflex has a consensus rating of “Buy” and an average target price of C$16.14.

Analyst Recommendations for Enerflex (TSE:EFX)

Enerflex (TSE:EFX) opened at 15.20 on Thursday. Enerflex has a 1-year low of $8.59 and a 1-year high of $15.41. The company’s market cap is $1.24 billion. The stock has a 50 day moving average price of $14.38 and a 200 day moving average price of $12.20.

Enerflex Company Profile

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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