Enerflex Ltd (TSE:EFX) had its price objective boosted by stock analysts at TD Securities from C$17.00 to C$18.00 in a report issued on Thursday. The brokerage presently has a “buy” rating on the stock. TD Securities’ price target indicates a potential upside of 18.42% from the stock’s current price.

Other equities research analysts have also issued research reports about the stock. National Bank Financial raised their target price on shares of Enerflex from C$12.70 to C$14.50 in a report on Tuesday, July 19th. BMO Capital Markets raised their target price on shares of Enerflex from C$12.00 to C$14.00 in a report on Monday, August 8th. CIBC lifted their price objective on shares of Enerflex from C$17.50 to C$18.50 in a report on Wednesday, October 19th. Raymond James Financial Inc. decreased their price objective on shares of Enerflex from C$15.00 to C$14.75 and set a “market perform” rating for the company in a report on Friday, October 7th. Finally, Scotiabank reiterated an “outperform” rating and set a C$18.00 price objective on shares of Enerflex in a report on Thursday, September 8th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of C$16.14.

Analyst Recommendations for Enerflex (TSE:EFX)

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

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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