ATB Capital Increases Enerflex (TSE:EFX) Price Target to C$17.00

Enerflex (TSE:EFX) had its price objective lifted by research analysts at ATB Capital from C$15.00 to C$17.00 in a note issued to investors on Tuesday,BayStreet.CA reports. ATB Capital’s price objective points to a potential upside of 24.45% from the stock’s current price.

EFX has been the subject of a number of other research reports. BMO Capital Markets raised their price target on Enerflex from C$11.00 to C$15.00 in a research note on Friday, November 15th. TD Securities raised their target price on shares of Enerflex from C$12.00 to C$15.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Acumen Capital boosted their price target on shares of Enerflex from C$12.00 to C$15.00 in a research report on Friday, November 15th. Finally, Raymond James increased their price target on shares of Enerflex from C$12.00 to C$13.75 in a research note on Friday, November 15th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Enerflex presently has an average rating of “Moderate Buy” and a consensus price target of C$12.59.

Enerflex Trading Up 0.4 %

TSE EFX opened at C$13.66 on Tuesday. The stock has a market cap of C$1.69 billion, a P/E ratio of -11.88 and a beta of 1.71. Enerflex has a fifty-two week low of C$5.75 and a fifty-two week high of C$13.86. The stock has a 50 day simple moving average of C$10.48 and a two-hundred day simple moving average of C$8.49. The company has a debt-to-equity ratio of 93.84, a quick ratio of 1.20 and a current ratio of 1.27.

About Enerflex

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.