Enerflex Ltd. (EFX) Given Average Recommendation of “Buy” by Analysts
Shares of Enerflex Ltd. (TSE:EFX) have earned a consensus rating of “Buy” from the eight research firms that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$23.31.
EFX has been the subject of several analyst reports. National Bank Financial raised their target price on Enerflex from C$18.50 to C$19.00 in a research note on Monday, November 20th. Royal Bank of Canada dropped their price target on Enerflex from C$24.00 to C$23.00 and set an “outperform” rating for the company in a research report on Monday, November 13th. Finally, TD Securities reiterated a “buy” rating and set a C$24.00 price target on shares of Enerflex in a research report on Monday, November 13th.
Shares of Enerflex (EFX) traded up C$0.11 on Tuesday, reaching C$15.34. The company had a trading volume of 107,453 shares, compared to its average volume of 204,253. Enerflex has a 52 week low of C$14.38 and a 52 week high of C$20.57. The stock has a market cap of $1,360.00, a price-to-earnings ratio of 54.79 and a beta of 0.30.
In other news, Director Jackson Maureen Ellen Cormier bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The stock was bought at an average price of C$15.35 per share, for a total transaction of C$76,750.00.
WARNING: “Enerflex Ltd. (EFX) Given Average Recommendation of “Buy” by Analysts” was published by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/01/02/enerflex-ltd-efx-given-average-recommendation-of-buy-by-analysts.html.
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.
Receive News & Ratings for Enerflex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enerflex and related companies with MarketBeat.com's FREE daily email newsletter.