Acumen Capital Issues Positive Forecast for Enerflex (TSE:EFX) Stock Price

Enerflex (TSE:EFXGet Free Report) had its target price increased by research analysts at Acumen Capital from C$12.00 to C$15.00 in a report issued on Friday,BayStreet.CA reports. Acumen Capital’s target price would indicate a potential upside of 28.21% from the company’s current price.

EFX has been the topic of several other research reports. BMO Capital Markets boosted their price target on shares of Enerflex from C$11.00 to C$15.00 in a research report on Friday. Raymond James boosted their price target on shares of Enerflex from C$12.00 to C$13.75 in a research report on Friday. TD Securities boosted their price target on shares of Enerflex from C$12.00 to C$15.00 and gave the company a “buy” rating in a research report on Friday. Finally, ATB Capital upped their price objective on shares of Enerflex from C$12.00 to C$15.00 in a report on Friday. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Enerflex has an average rating of “Moderate Buy” and a consensus price target of C$12.34.

View Our Latest Stock Report on EFX

Enerflex Trading Up 3.8 %

Shares of TSE:EFX traded up C$0.43 during midday trading on Friday, hitting C$11.70. 573,304 shares of the stock traded hands, compared to its average volume of 291,596. Enerflex has a one year low of C$5.45 and a one year high of C$11.92. The company has a quick ratio of 1.20, a current ratio of 1.27 and a debt-to-equity ratio of 93.84. The business’s 50 day moving average is C$8.69 and its two-hundred day moving average is C$7.84. The stock has a market capitalization of C$1.45 billion, a PE ratio of -10.17 and a beta of 1.71.

About Enerflex

(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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Analyst Recommendations for Enerflex (TSE:EFX)

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