Enerflex Ltd. (TSE:EFX) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Enerflex Ltd. (TSE:EFX) have earned a consensus rating of “Moderate Buy” from the seven brokerages that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$13.47.

Several equities research analysts have recently weighed in on EFX shares. Acumen Capital boosted their target price on shares of Enerflex from C$12.00 to C$15.00 in a research report on Friday, November 15th. Raymond James boosted their price objective on Enerflex from C$12.00 to C$13.75 in a research report on Friday, November 15th. BMO Capital Markets upped their price target on shares of Enerflex from C$11.00 to C$15.00 in a research note on Friday, November 15th. ATB Capital boosted their price target on shares of Enerflex from C$15.00 to C$17.00 in a research report on Tuesday, December 10th. Finally, National Bankshares raised their price objective on Enerflex from C$11.00 to C$16.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 19th.

Insiders Place Their Bets

In other Enerflex news, Director Joanne Linette Cox bought 2,500 shares of Enerflex stock in a transaction on Wednesday, December 11th. The stock was purchased at an average cost 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 Stock Performance

TSE:EFX opened at C$12.58 on Thursday. 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 50-day moving average of C$14.00 and a two-hundred day moving average of C$11.05. The stock has a market cap of C$1.57 billion, a P/E ratio of -13.67 and a beta of 1.71. Enerflex has a 1-year low of C$6.30 and a 1-year high of C$15.22.

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.