Enerflex (TSE:EFX) Price Target Raised to C$13.75

Enerflex (TSE:EFX) had its price target lifted by Raymond James from C$12.00 to C$13.75 in a research note issued to investors on Friday,BayStreet.CA reports. Raymond James’ price objective suggests a potential upside of 17.52% from the company’s current price.

Other analysts also recently issued research reports about the stock. BMO Capital Markets raised their price objective on shares of Enerflex from C$10.00 to C$11.00 in a research report on Thursday, August 8th. ATB Capital cut their target price on Enerflex from C$12.50 to C$12.00 in a report on Wednesday, August 21st. Finally, TD Securities raised their price objective on Enerflex from C$12.00 to C$15.00 and gave the company a “buy” rating in a research note on Friday. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$12.34.

Enerflex Trading Up 3.8 %

TSE EFX traded up C$0.43 during trading hours on Friday, reaching C$11.70. The company’s stock had a trading volume of 573,304 shares, compared to its average volume of 291,596. The firm has a fifty day simple moving average of C$8.69 and a 200-day simple moving average of C$7.84. The stock has a market cap of C$1.45 billion, a P/E ratio of -10.17 and a beta of 1.71. Enerflex has a 52 week low of C$5.45 and a 52 week high of C$11.92. The company has a debt-to-equity ratio of 93.84, a current ratio of 1.27 and a quick ratio of 1.20.

About Enerflex

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.