Enerflex (TSE:EFX) Receives Buy Rating from Stifel Firstegy

Enerflex (TSE:EFX)‘s stock had its “buy” rating reaffirmed by equities research analysts at Stifel Firstegy in a report released on Tuesday, Zacks.com reports.

A number of other research firms have also commented on EFX. National Bank Financial lifted their price objective on Enerflex from C$10.00 to C$10.50 and gave the stock an “outperform” rating in a research note on Thursday, February 25th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a C$12.00 price objective on shares of Enerflex in a research note on Thursday, May 6th. ATB Capital lifted their price objective on Enerflex from C$11.00 to C$12.00 and gave the stock a “na” rating in a research note on Tuesday, May 11th. CIBC lifted their target price on Enerflex from C$8.50 to C$9.50 in a report on Friday, February 26th. Finally, Raymond James downgraded Enerflex from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from C$9.50 to C$9.25 in a report on Thursday, May 6th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of C$10.71.

Enerflex stock opened at C$8.88 on Tuesday. The business has a 50 day moving average of C$8.04. The company has a debt-to-equity ratio of 30.58, a quick ratio of 1.40 and a current ratio of 2.19. The firm has a market capitalization of C$796.35 million and a price-to-earnings ratio of 15.05. Enerflex has a one year low of C$4.51 and a one year high of C$9.75.

Enerflex (TSE:EFX) last posted its quarterly earnings data on Wednesday, May 5th. The company reported C$0.03 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.05 by C($0.02). The company had revenue of C$203.20 million during the quarter, compared to the consensus estimate of C$221.30 million. As a group, analysts predict that Enerflex will post 0.719153 EPS for the current year.

About Enerflex

Enerflex Ltd. supplies natural gas compression, oil and gas processing, refrigeration systems, and electric power generation equipment to the oil and natural gas industry. The company provides custom and standard compression packages for reciprocating and screw compressor applications; and designs, engineers, manufactures, constructs, and installs modular natural gas processing equipment, refrigeration systems, and electric power solutions, as well as engages in re-engineering, reconfiguration, and repackaging of compressors for various field applications; and modular processing equipment and waste gas systems for natural gas facilities.

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Analyst Recommendations for Enerflex (TSE:EFX)

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