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

Enerflex Ltd. (TSE:EFX) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$13.47.

EFX has been the topic of a number of recent analyst reports. TD Securities lifted their price target on shares of Enerflex from C$12.00 to C$15.00 and gave the company a “buy” rating in a report on Friday, November 15th. BMO Capital Markets lifted their target price on Enerflex from C$11.00 to C$15.00 in a report on Friday, November 15th. ATB Capital upped their price target on Enerflex from C$15.00 to C$17.00 in a research note on Tuesday, December 10th. Acumen Capital raised their price objective on Enerflex from C$12.00 to C$15.00 in a report on Friday, November 15th. Finally, Raymond James boosted their target price on Enerflex from C$12.00 to C$13.75 in a report on Friday, November 15th.

Insider Activity

In other news, Director Joanne Linette Cox bought 2,500 shares of Enerflex stock in a transaction dated Wednesday, December 11th. The shares were acquired at an average cost of C$13.65 per share, with a total value of C$34,115.00. Insiders own 0.49% of the company’s stock.

Enerflex Trading Down 3.4 %

Shares of EFX stock opened at C$11.61 on Thursday. Enerflex has a 1-year low of C$6.30 and a 1-year high of C$15.22. The firm’s 50-day simple moving average is C$13.92 and its 200-day simple moving average is C$11.09. The firm has a market cap of C$1.44 billion, a P/E ratio of -12.61 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.

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.