Raymond James Financial Inc. Trims Enerflex Ltd (EFX) Target Price to C$14.75
Enerflex Ltd (TSE:EFX) had its price objective reduced by equities research analysts at Raymond James Financial Inc. from C$15.00 to C$14.75 in a research report issued on Friday. The brokerage presently has a “market perform” rating on the stock. Raymond James Financial Inc.’s price objective indicates a potential upside of 0.20% from the company’s current price.
EFX has been the subject of several other research reports. BMO Capital Markets raised their price target on shares of Enerflex from C$12.00 to C$14.00 in a research note on Monday, August 8th. AltaCorp Capital restated an “outperform” rating on shares of Enerflex in a research note on Monday, August 15th. TD Securities restated a “buy” rating and set a C$16.00 price target on shares of Enerflex in a research note on Monday, September 19th. CIBC raised their price target on shares of Enerflex from C$15.00 to C$16.50 and gave the stock an “outperform” rating in a research note on Monday, August 8th. Finally, Scotiabank restated an “outperform” rating and set a C$18.00 price target on shares of Enerflex in a research note on Thursday, September 8th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of C$15.47.
Shares of Enerflex (TSE:EFX) traded down 0.95% during midday trading on Friday, hitting $14.58. The company had a trading volume of 433,726 shares. The company’s market capitalization is $1.15 billion. The company’s 50-day moving average price is $13.42 and its 200 day moving average price is $11.52. Enerflex has a 12-month low of $8.59 and a 12-month high of $15.04.
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Enerflex Company Profile
Enerflex Ltd. is a Canada-based supplier of natural gas compression, oil and gas processing, refrigeration systems and electric power equipment. The Company’s in‐house resources provide the capability to engineer, design, manufacture, construct, commission and service hydrocarbon handling systems. The Company operates through three segments: Canada, USA and Rest of World.
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