Enerflex (TSE:EFX) Price Target Raised to C$15.00

Enerflex (TSE:EFX) had its price objective lifted by Acumen Capital from C$12.00 to C$15.00 in a report issued on Friday,BayStreet.CA reports. Acumen Capital’s price objective suggests a potential upside of 27.66% from the company’s current price.

Several other research analysts have also recently commented on EFX. ATB Capital boosted their price target on Enerflex from C$12.00 to C$15.00 in a research note on Friday. TD Securities raised their price target on shares of Enerflex from C$12.00 to C$15.00 and gave the company a “buy” rating in a research note on Friday. Raymond James boosted their target price on Enerflex from C$12.00 to C$13.75 in a report on Friday. Finally, BMO Capital Markets lifted their price target on shares of Enerflex from C$11.00 to C$15.00 in a research report on Friday. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$12.34.

Enerflex Price Performance

Enerflex stock opened at C$11.75 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.27 and a debt-to-equity ratio of 93.84. Enerflex has a 52-week low of C$5.45 and a 52-week high of C$11.92. The firm has a market capitalization of C$1.46 billion, a P/E ratio of -10.22 and a beta of 1.71. The firm has a fifty day moving average of C$8.77 and a 200-day moving average of C$7.87.

About Enerflex

Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management.