Enerflex Ltd (TSE:EFX) was downgraded by research analysts at Raymond James Financial Inc. from an “outperform” rating to a “market perform” rating in a research note issued on Thursday.

Other equities analysts have also issued reports about the stock. CIBC lifted their price objective on shares of Enerflex from C$15.00 to C$16.50 and gave the company an “outperform” rating in a research report on Monday, August 8th. Scotiabank raised their target price on Enerflex from C$16.00 to C$18.00 and gave the company an “outperform” rating in a report on Monday, August 8th. National Bank Financial raised their target price on Enerflex from C$15.50 to C$17.25 and gave the company an “outperform” rating in a report on Thursday. BMO Capital Markets raised their target price on Enerflex from C$12.00 to C$14.00 in a report on Monday, August 8th. Finally, TD Securities raised their target price on Enerflex from C$13.50 to C$14.00 and gave the company a “buy” rating in a report on Friday, August 5th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus 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. The company has a 50 day moving average of $14.38 and a 200-day moving average of $12.20. Enerflex has a one year low of $8.59 and a one year 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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