Enerflex (EFX) Trading Up 5.5%

Enerflex Ltd (TSE:EFX) was up 5.5% on Friday . The company traded as high as C$16.55 and last traded at C$16.36. Approximately 403,235 shares changed hands during trading, an increase of 55% from the average daily volume of 259,442 shares. The stock had previously closed at C$15.51.

A number of equities research analysts recently weighed in on EFX shares. National Bank Financial lifted their price objective on shares of Enerflex from C$18.50 to C$19.00 in a research note on Monday, November 20th. TD Securities reiterated a “buy” rating and issued a C$24.00 price target on shares of Enerflex in a research report on Monday, November 13th. Finally, Royal Bank of Canada dropped their price target on shares of Enerflex from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research report on Monday, November 13th. Four research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of C$23.31.

The stock has a market cap of $1,460.00, a PE ratio of 58.82 and a beta of 0.24.

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About Enerflex

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.

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