Enerflex (TSE:EFX) Price Target Raised to C$17.75 at Raymond James

Enerflex (TSE:EFX) had its price objective boosted by research analysts at Raymond James from C$17.00 to C$17.75 in a research report issued to clients and investors on Friday,BayStreet.CA reports. Raymond James’ price objective suggests a potential upside of 56.25% from the stock’s previous close.

Other research analysts have also recently issued research reports about the stock. TD Securities increased their target price on shares of Enerflex from C$12.00 to C$15.00 and gave the stock a “buy” rating in a report on Friday, November 15th. ATB Capital increased their target price on Enerflex from C$15.00 to C$17.00 in a research report on Tuesday, December 10th. National Bankshares upped their price objective on Enerflex from C$11.00 to C$16.00 and gave the company a “sector perform” rating in a research note on Thursday, December 19th. Acumen Capital lifted their price target on shares of Enerflex from C$12.00 to C$15.00 in a report on Friday, November 15th. Finally, BMO Capital Markets upped their price target on Enerflex from C$11.00 to C$15.00 in a research report on Friday, November 15th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$13.97.

Enerflex Stock Performance

TSE EFX traded up C$0.02 on Friday, reaching C$11.36. The stock had a trading volume of 227,668 shares, compared to its average volume of 506,554. The company has a market cap of C$1.41 billion, a P/E ratio of -12.34 and a beta of 1.71. The company has a debt-to-equity ratio of 81.27, a current ratio of 1.19 and a quick ratio of 1.20. The firm has a fifty day moving average of C$13.88 and a two-hundred day moving average of C$11.09. Enerflex has a 1-year low of C$6.30 and a 1-year high of C$15.22.

Insiders Place Their Bets

In related news, Director Joanne Linette Cox purchased 2,500 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was bought at an average price of C$13.65 per share, for a total transaction of C$34,115.00. Insiders own 0.49% of the company’s stock.

Enerflex Company Profile

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.