Enerflex Ltd (TSE:EFX) – Stock analysts at National Bank Financial lowered their FY2016 earnings estimates for shares of Enerflex in a report issued on Wednesday. National Bank Financial analyst G. Colman now anticipates that the brokerage will post earnings of ($0.50) per share for the year, down from their previous forecast of ($0.47). National Bank Financial currently has a “Outperform” rating and a $17.25 target price on the stock. National Bank Financial also issued estimates for Enerflex’s Q4 2016 earnings at $0.23 EPS and FY2017 earnings at $1.12 EPS.

Other research analysts also recently issued research reports about the stock. CIBC boosted their target price on shares of Enerflex from C$17.50 to C$18.50 in a research report on Wednesday, October 19th. 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. TD Securities boosted their target price on shares of Enerflex from C$14.00 to C$16.00 and gave the company a “buy” rating in a research report on Thursday, September 8th. Raymond James Financial Inc. downgraded shares of Enerflex from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 10th. Finally, Scotiabank reiterated an “outperform” rating and set a C$18.00 target price on shares of Enerflex in a research report on Thursday, November 10th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Enerflex has an average rating of “Buy” and a consensus price target of C$16.14.

Earnings History and Estimates for Enerflex (TSE:EFX)

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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