Enerflex Ltd (EFX) Stock Rating Lowered by Raymond James Financial Inc.
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.
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.
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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