Raymond James Financial Weighs in on Enerflex Ltd’s Q1 2017 Earnings (EFX)
Enerflex Ltd (TSE:EFX) – Stock analysts at Raymond James Financial issued their Q1 2017 earnings per share estimates for Enerflex in a report released on Friday. Raymond James Financial analyst A. Bradford forecasts that the brokerage will post earnings per share of $0.17 for the quarter. Raymond James Financial has a “Market Perform” rating and a $14.75 price target on the stock. Raymond James Financial also issued estimates for Enerflex’s Q4 2017 earnings at $0.20 EPS, Q1 2018 earnings at $0.22 EPS, Q2 2018 earnings at $0.24 EPS and Q3 2018 earnings at $0.24 EPS.
EFX has been the topic of a number of other research reports. TD Securities boosted their price objective on shares of Enerflex from C$14.00 to C$16.00 and gave the stock a “buy” rating in a report on Thursday, September 8th. Scotiabank reissued an “outperform” rating and set a C$18.00 price objective on shares of Enerflex in a report on Thursday, September 8th. National Bank Financial reissued an “outperform” rating and set a C$15.50 price objective on shares of Enerflex in a report on Thursday, September 8th. AltaCorp Capital reissued an “outperform” rating on shares of Enerflex in a report on Monday, August 15th. Finally, BMO Capital Markets boosted their price objective on shares of Enerflex from C$12.00 to C$14.00 in a report on Monday, August 8th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of C$15.47.
Shares of Enerflex (TSE:EFX) opened at 14.58 on Monday. The firm’s market cap is $1.15 billion. Enerflex has a one year low of $8.59 and a one year high of $15.04. The stock’s 50 day moving average is $13.46 and its 200-day moving average is $11.55.
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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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