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

Enerflex Ltd. (TSE:EFX) has earned an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$21.47.

EFX has been the subject of several research reports. Raymond James Financial cut shares of Enerflex from a “strong-buy” rating to a “moderate buy” rating and set a C$26.00 price objective for the company. in a research report on Wednesday, February 4th. TD Securities raised their price target on shares of Enerflex from C$19.00 to C$23.00 and gave the company a “buy” rating in a report on Friday, November 7th. ATB Cormark Capital Markets set a C$26.00 price objective on shares of Enerflex and gave the stock an “outperform” rating in a research report on Friday, December 19th. Royal Bank Of Canada upped their price objective on Enerflex from C$15.00 to C$17.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Finally, BMO Capital Markets increased their price objective on Enerflex from C$20.00 to C$23.00 in a research report on Monday, November 10th.

Enerflex Stock Performance

Shares of TSE:EFX opened at C$26.65 on Friday. The business has a fifty day moving average of C$22.94 and a 200-day moving average of C$18.57. The company has a debt-to-equity ratio of 81.27, a quick ratio of 1.20 and a current ratio of 1.19. Enerflex has a twelve month low of C$8.74 and a twelve month high of C$27.25. The firm has a market cap of C$3.25 billion, a PE ratio of 24.23 and a beta of 2.41.

About Enerflex

Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company’s focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as a coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression. Enerflex operates three business segments: the USA, Rest of World, and Canada.