National Bankshares Raises Enerflex (TSE:EFX) Price Target to C$16.00

Enerflex (TSE:EFX) had its price objective boosted by stock analysts at National Bankshares from C$11.00 to C$16.00 in a note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ price target points to a potential upside of 18.87% from the company’s current price.

A number of other research analysts have also recently issued reports on EFX. TD Securities lifted their price objective on shares of Enerflex from C$12.00 to C$15.00 and gave the company a “buy” rating in a research note on Friday, November 15th. BMO Capital Markets boosted their price target on Enerflex from C$11.00 to C$15.00 in a report on Friday, November 15th. Acumen Capital increased their target price on shares of Enerflex from C$12.00 to C$15.00 in a report on Friday, November 15th. ATB Capital lifted their price target on shares of Enerflex from C$15.00 to C$17.00 in a report on Tuesday, December 10th. Finally, Raymond James increased their price objective on shares of Enerflex from C$12.00 to C$13.75 in a research note on Friday, November 15th. Three equities 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, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$13.47.

Enerflex Trading Down 0.7 %

EFX opened at C$13.46 on Thursday. The stock has a market capitalization of C$1.67 billion, a price-to-earnings ratio of -11.70 and a beta of 1.71. The company has a quick ratio of 1.20, a current ratio of 1.27 and a debt-to-equity ratio of 93.84. Enerflex has a twelve month low of C$5.78 and a twelve month high of C$14.13. The company has a 50-day simple moving average of C$11.10 and a 200 day simple moving average of C$8.76.

Insiders Place Their Bets

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

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.