Enerflex Ltd (TSE:EFX) had its target price increased by CIBC from C$18.50 to C$19.00 in a research report issued on Friday. CIBC’s price objective would indicate a potential upside of 23.30% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. BMO Capital Markets boosted their target price on shares of Enerflex from C$12.00 to C$14.00 in a research report on Monday, August 8th. National Bank Financial upped their price objective on shares of Enerflex from C$12.70 to C$14.50 in a research report on Tuesday, July 19th. TD Securities upped their price objective on shares of Enerflex from C$13.50 to C$14.00 and gave the stock a “buy” rating in a research report on Friday, August 5th. Raymond James Financial Inc. cut shares of Enerflex from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 10th. Finally, Scotiabank reaffirmed an “outperform” rating and set a C$18.00 price objective on shares of Enerflex in a research report on Thursday, September 8th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of C$16.14.

Analyst Recommendations for Enerflex (TSE:EFX)

Shares of Enerflex (TSE:EFX) opened at 15.41 on Friday. The stock’s 50 day moving average is $14.43 and its 200 day moving average is $12.23. Enerflex has a 12 month low of $8.59 and a 12 month high of $15.60. The firm’s market cap is $1.22 billion.

Enerflex Company Profile

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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