Enerflex (TSE:EFX) Price Target Raised to C$17.00

Enerflex (TSE:EFX) had its price target boosted by equities research analysts at ATB Capital from C$15.00 to C$17.00 in a report released on Tuesday,BayStreet.CA reports. ATB Capital’s price objective points to a potential upside of 24.45% from the company’s previous close.

Several other research firms have also recently commented on EFX. Acumen Capital raised their target price on shares of Enerflex from C$12.00 to C$15.00 in a research note on Friday, November 15th. TD Securities raised their price objective 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, November 15th. BMO Capital Markets upped their target price on Enerflex from C$11.00 to C$15.00 in a research report on Friday, November 15th. Finally, Raymond James lifted their price target on Enerflex from C$12.00 to C$13.75 in a research report on Friday, November 15th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$12.59.

Enerflex Stock Performance

EFX stock traded up C$0.22 during trading on Tuesday, reaching C$13.66. 161,704 shares of the company’s stock were exchanged, compared to its average volume of 306,413. Enerflex has a 1-year low of C$5.68 and a 1-year high of C$13.86. The firm has a market cap of C$1.69 billion, a PE ratio of -11.85 and a beta of 1.71. The company’s fifty day moving average price is C$10.26 and its 200-day moving average price is C$8.41. The company has a quick ratio of 1.20, a current ratio of 1.27 and a debt-to-equity ratio of 93.84.

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.