Enerflex Ltd Forecasted to Post Q4 2016 Earnings of $0.23 Per Share (EFX)
Enerflex Ltd (TSE:EFX) – Equities researchers at Raymond James Financial issued their Q4 2016 EPS estimates for Enerflex in a note issued to investors on Thursday. Raymond James Financial analyst A. Bradford expects that the firm will post earnings per share of $0.23 for the quarter. Raymond James Financial has a “Market Perform” rating on the stock. Raymond James Financial also issued estimates for Enerflex’s FY2017 earnings at $0.90 EPS and FY2018 earnings at $1.07 EPS.
A number of other research firms have also weighed in on EFX. CIBC increased their price objective on shares of Enerflex from C$18.50 to C$19.00 in a research note on Friday, November 11th. TD Securities increased their price objective on shares of Enerflex from C$17.00 to C$18.00 and gave the stock a “buy” rating in a research note on Thursday, November 10th. Scotiabank reiterated an “outperform” rating and issued a C$18.00 price objective on shares of Enerflex in a research note on Thursday, November 10th. National Bank Financial increased their price objective on shares of Enerflex from C$15.50 to C$17.25 and gave the stock an “outperform” rating in a research note on Thursday, November 10th. Finally, AltaCorp Capital reiterated an “outperform” rating on shares of Enerflex in a research note on Monday, August 15th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of C$16.14.
Shares of Enerflex (TSE:EFX) opened at 16.07 on Monday. The firm has a 50-day moving average of $14.51 and a 200-day moving average of $12.26. The company’s market capitalization is $1.27 billion. Enerflex has a one year low of $8.59 and a one year high of $16.18.
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 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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