Enerflex (TSE:EFX) Stock Price Expected to Rise, National Bankshares Analyst Says

Enerflex (TSE:EFXFree Report) had its price objective increased by National Bankshares from C$11.00 to C$16.00 in a research report report published on Thursday,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

A number of other brokerages have also commented on EFX. BMO Capital Markets boosted their target price on Enerflex from C$11.00 to C$15.00 in a research report on Friday, November 15th. TD Securities boosted their price objective on Enerflex from C$12.00 to C$15.00 and gave the company a “buy” rating in a report on Friday, November 15th. Acumen Capital increased their target price on Enerflex from C$12.00 to C$15.00 in a report on Friday, November 15th. Raymond James boosted their price target on shares of Enerflex from C$12.00 to C$13.75 in a research note on Friday, November 15th. Finally, ATB Capital raised their price objective on shares of Enerflex from C$15.00 to C$17.00 in a research note on Tuesday, December 10th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Enerflex currently has a consensus rating of “Moderate Buy” and a consensus price target of C$13.47.

Check Out Our Latest Stock Analysis on Enerflex

Enerflex Trading Down 0.7 %

EFX opened at C$13.55 on Thursday. The company has a fifty day moving average price of C$11.10 and a two-hundred day moving average price of C$8.76. Enerflex has a 1-year low of C$5.78 and a 1-year high of C$14.13. The company has a market cap of C$1.68 billion, a P/E ratio of -11.78 and a beta of 1.71. The company has a current ratio of 1.27, a quick ratio of 1.20 and a debt-to-equity ratio of 93.84.

Enerflex Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Thursday, January 16th will be paid a $0.0375 dividend. This is a positive change from Enerflex’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.15 annualized dividend and a dividend yield of 1.11%. Enerflex’s dividend payout ratio is presently -8.70%.

Insider Activity at Enerflex

In other Enerflex news, Director Joanne Linette Cox bought 2,500 shares of Enerflex stock in a transaction dated Wednesday, December 11th. The stock was bought at an average cost of C$13.65 per share, with a total value of C$34,115.00. 0.49% of the stock is owned by insiders.

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.

See Also

Analyst Recommendations for Enerflex (TSE:EFX)

Receive News & Ratings for Enerflex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enerflex and related companies with MarketBeat.com's FREE daily email newsletter.