Enerflex Ltd (TSE:EFX)‘s stock had its “outperform” rating reaffirmed by equities researchers at Scotiabank in a research report issued to clients and investors on Thursday. They currently have a C$18.00 target price on the stock. Scotiabank’s target price indicates a potential upside of 18.42% from the company’s current price.

Several other brokerages have also recently issued reports on EFX. CIBC raised their target price on shares of Enerflex from C$17.50 to C$18.50 in a report on Wednesday, October 19th. Raymond James Financial Inc. dropped their target price on shares of Enerflex from C$15.00 to C$14.75 and set a “market perform” rating on the stock in a report on Friday, October 7th. TD Securities raised their target price on shares of Enerflex from C$17.00 to C$18.00 and gave the stock a “buy” rating in a report on Thursday. National Bank Financial raised their target price on shares of Enerflex from C$15.50 to C$17.25 and gave the stock an “outperform” rating in a report on Thursday. Finally, AltaCorp Capital restated an “outperform” rating on shares of Enerflex in a report on Monday, August 15th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Enerflex presently has a consensus rating of “Buy” and a consensus price target of C$16.14.

Analyst Recommendations for Enerflex (TSE:EFX)

Shares of Enerflex (TSE:EFX) opened at 15.20 on Thursday. The company’s market cap is $1.24 billion. The company’s 50-day moving average price is $14.38 and its 200 day moving average price is $12.20. Enerflex has a 12-month low of $8.59 and a 12-month high of $15.41.

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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