Enerflex (TSE:EFX) Given New C$45.00 Price Target at National Bank Financial

Enerflex (TSE:EFX – Get Free Report) had its price objective upped by stock analysts at National Bank Financial from C$42.50 to C$45.00 in a note issued to investors on Monday, BayStreet reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial‘s price target points to a potential upside of 36.70% from the stock’s current price.

A number of other equities analysts have also weighed in on the stock. Raymond James Financial lifted their price objective on shares of Enerflex from C$49.00 to C$53.00 and gave the company an “outperform” rating in a research report on Wednesday, October 14th. Canadian Imperial Bank of Commerce raised shares of Enerflex from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 13th. RBC Dominion Securities increased their price target on shares of Enerflex from C$33.00 to C$35.00 and gave the stock an “outperform” rating in a report on Wednesday, October 14th. Acumen Capital raised their price objective on shares of Enerflex from C$42.00 to C$48.00 and gave the company a “buy” rating in a research report on Friday, October 2nd. Finally, ATB Cormark Capital Markets lifted their price objective on Enerflex from C$52.00 to C$56.00 and gave the company an “outperform” rating in a report on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of C$40.81.

View Our Latest Stock Report on EFX

Enerflex Stock Performance

Shares of EFX traded up C$1.02 during mid-day trading on Monday, hitting C$32.92. 218,978 shares of the company’s stock were exchanged, compared to its average volume of 732,677. Enerflex has a fifty-two week low of C$17.44 and a fifty-two week high of C$39.95. The firm has a market capitalization of C$4.01 billion, a P/E ratio of 74.82 and a beta of 1.87. The business’s 50 day moving average is C$31.91 and its two-hundred day moving average is C$33.10. The company has a current ratio of 1.19, a quick ratio of 1.20 and a debt-to-equity ratio of 51.03.

Enerflex (TSE:EFX – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$0.36 earnings per share (EPS) for the quarter. Enerflex had a return on equity of 5.26% and a net margin of 2.53%. The firm had revenue of C$826.90 million for the quarter. On average, equities analysts expect that Enerflex will post 0.73 earnings per share for the current year.

Enerflex Company Profile

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Enerflex is a leading provider of modular natural gas, power technology and treated water solutions, delivering value through disciplined execution and a deliberate approach to where we compete. Our customer focused delivery model supports operational excellence, innovation, and scalability across our global footprint with a focus on creating long-term shareholder value. With approximately 4,400 engineers, manufacturers, technicians, professionals, and innovators, Enerflex is bound together by a shared vision: Transforming Energy for a Sustainable Future.

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