Enerflex (TSE:EFX - Get Free Report) had its target price hoisted by BMO Capital Markets from C$11.00 to C$15.00 in a note issued to investors on Friday,BayStreet.CA reports. BMO Capital Markets' price objective points to a potential upside of 27.66% from the company's current price.
A number of other analysts have also recently issued reports on the company. 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. Raymond James lifted their price target on shares of Enerflex from C$12.00 to C$13.75 in a research report on Friday. Finally, ATB Capital dropped their price objective on shares of Enerflex from C$12.50 to C$12.00 in a research report on Wednesday, August 21st. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of C$12.34.
Read Our Latest Stock Analysis on EFX
Enerflex Trading Up 4.3 %
Enerflex stock traded up C$0.48 during midday trading on Friday, reaching C$11.75. The stock had a trading volume of 779,800 shares, compared to its average volume of 292,660. The stock's 50-day simple moving average is C$8.77 and its 200 day simple moving average is C$7.87. Enerflex has a twelve month low of C$5.45 and a twelve month high of C$11.92. The company has a debt-to-equity ratio of 93.84, a quick ratio of 1.20 and a current ratio of 1.27. The stock has a market capitalization of C$1.46 billion, a PE ratio of -10.22 and a beta of 1.71.
About Enerflex
(
Get Free Report)
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.
Further Reading
Before you consider Enerflex, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enerflex wasn't on the list.
While Enerflex currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
