Enerflex (TSE:EFX) Stock Price Expected to Rise, Acumen Capital Analyst Says

Enerflex (TSE:EFX - Get Free Report) had its price target hoisted by Acumen Capital from C$12.00 to C$15.00 in a report issued on Friday,BayStreet.CA reports. Acumen Capital's price target suggests a potential upside of 27.66% from the company's current price.

A number of other brokerages have also issued reports on EFX. ATB Capital increased their target price on shares of Enerflex from C$12.00 to C$15.00 in a research report on Friday. BMO Capital Markets increased their price objective on shares of Enerflex from C$11.00 to C$15.00 in a report on Friday. TD Securities boosted their target price on Enerflex from C$12.00 to C$15.00 and gave the stock a "buy" rating in a report on Friday. Finally, Raymond James upped their target price on Enerflex from C$12.00 to C$13.75 in a research report on Friday. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Enerflex has an average rating of "Moderate Buy" and a consensus price target of C$12.34.

Enerflex Stock Performance

Shares of TSE:EFX traded up C$0.48 on Friday, hitting C$11.75. The company's stock had a trading volume of 779,800 shares, compared to its average volume of 292,660. The company has a market capitalization of C$1.46 billion, a price-to-earnings ratio of -10.22 and a beta of 1.71. The company has a debt-to-equity ratio of 93.84, a quick ratio of 1.20 and a current ratio of 1.27. Enerflex has a 12 month low of C$5.45 and a 12 month high of C$11.92. The stock's 50-day moving average is C$8.77 and its two-hundred day moving average is C$7.87.

Enerflex Company Profile

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.