Enerflex Ltd (TSE:EFX) had its price target cut by stock analysts at CIBC from C$25.00 to C$24.00 in a research report issued on Thursday, StockTargetPrices.com reports. CIBC’s price objective points to a potential upside of 29.94% from the stock’s current price.

Several other brokerages also recently commented on EFX. Scotiabank raised their price objective on shares of Enerflex to C$30.00 and gave the company an “outperform” rating in a research report on Monday, May 15th. Royal Bank Of Canada raised their price objective on shares of Enerflex from C$22.00 to C$24.00 and gave the company an “outperform” rating in a research report on Monday, May 15th. Raymond James Financial, Inc. raised their price objective on shares of Enerflex from C$17.50 to C$21.50 and gave the company an “outperform” rating in a research report on Friday, May 5th. Finally, Industrial Alliance Securities raised their price objective on shares of Enerflex from C$23.00 to C$23.50 and gave the company a “strong-buy” rating in a research report on Wednesday, June 21st. Seven analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of C$23.06.

Enerflex (TSE:EFX) traded down 0.65% on Thursday, hitting $18.35. 70,283 shares of the stock were exchanged. The firm has a market cap of $1.62 billion and a P/E ratio of 119.16. The company has a 50-day moving average of $17.89 and a 200 day moving average of $18.43. Enerflex has a 12 month low of $10.72 and a 12 month high of $20.57.

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In related news, insider Phillip Pyle bought 4,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 21st. The stock was bought at an average cost of C$16.60 per share, with a total value of C$74,700.00. Also, Director Kevin Jerome Reinhart bought 1,750 shares of the business’s stock in a transaction that occurred on Wednesday, June 21st. The shares were bought at an average cost of C$17.05 per share, with a total value of C$29,837.50.

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 inā€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.

Stock Target Prices

Analyst Recommendations for Enerflex (TSE:EFX)

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