Enerflex (TSE:EFX) PT Raised to C$12.00 at TD Securities

by · The Cerbat Gem

Enerflex (TSE:EFX – Get Free Report) had its target price increased by investment analysts at TD Securities from C$11.00 to C$12.00 in a note issued to investors on Tuesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target indicates a potential upside of 32.89% from the stock’s previous close.

EFX has been the topic of several other research reports. ATB Capital lowered their price objective on shares of Enerflex from C$12.50 to C$12.00 in a research report on Wednesday, August 21st. BMO Capital Markets lifted their price objective on Enerflex from C$10.00 to C$11.00 in a research note on Thursday, August 8th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$10.56.

Check Out Our Latest Stock Analysis on Enerflex

Enerflex Trading Up 2.7 %

Shares of EFX stock opened at C$9.03 on Tuesday. The stock’s fifty day simple moving average is C$7.89 and its 200 day simple moving average is C$7.62. The company has a quick ratio of 1.20, a current ratio of 1.27 and a debt-to-equity ratio of 93.84. Enerflex has a twelve month low of C$5.44 and a twelve month high of C$9.23. The firm has a market capitalization of C$1.12 billion, a P/E ratio of -7.99 and a beta of 1.72.

Enerflex (TSE:EFX – Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.08 by C($0.03). Enerflex had a negative return on equity of 9.39% and a negative net margin of 4.30%. The business had revenue of C$840.09 million for the quarter, compared to the consensus estimate of C$761.73 million. As a group, sell-side analysts predict that Enerflex will post 0.7317518 EPS for the current fiscal year.

Enerflex Company Profile

(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.

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