Enerflex Ltd (EFX) PT Lowered to C$14.75
Enerflex Ltd (TSE:EFX) had its target price lowered by analysts at Raymond James Financial Inc. from C$15.00 to C$14.75 in a research note issued on Friday, StockTargetPrices.com reports. The brokerage presently has a “market perform” rating on the stock. Raymond James Financial Inc.’s price target would indicate a potential upside of 0.20% from the company’s current price.
A number of other equities analysts have also weighed in on the company. TD Securities restated a “buy” rating and issued a C$16.00 target price on shares of Enerflex in a research note on Monday, September 19th. Scotiabank reiterated an “outperform” rating and set a C$18.00 price objective on shares of Enerflex in a research report on Thursday, September 8th. National Bank Financial reiterated an “outperform” rating and set a C$15.50 price objective on shares of Enerflex in a research report on Thursday, September 8th. AltaCorp Capital reiterated an “outperform” rating on shares of Enerflex in a research report on Monday, August 15th. Finally, CIBC increased their price objective on Enerflex from C$15.00 to C$16.50 and gave the company an “outperform” rating in a research report on Monday, August 8th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of C$15.47.
Shares of Enerflex (TSE:EFX) traded down 0.75% during midday trading on Friday, reaching $14.61. The company’s stock had a trading volume of 338,502 shares. The company’s 50-day moving average price is $13.42 and its 200 day moving average price is $11.52. The company’s market capitalization is $1.16 billion. Enerflex has a 12-month low of $8.59 and a 12-month high of $15.04.
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.
Receive News & Ratings for Enerflex Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enerflex Ltd and related companies with MarketBeat.com's FREE daily email newsletter.