Enerflex Ltd (EFX) PT Raised to C$18.00 at TD Securities
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.
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.
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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