Enerflex (TSE:EFX) Given a C$26.00 Price Target by ATB Capital Analysts

Enerflex (TSE:EFX) received a C$26.00 price target from ATB Capital in a research note issued to investors on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. ATB Capital’s price objective suggests a potential upside of 25.60% from the company’s current price.

A number of other equities analysts have also weighed in on EFX. Raymond James Financial upgraded shares of Enerflex from an “outperform” rating to a “strong-buy” rating and upped their price target for the stock from C$24.50 to C$25.00 in a research report on Wednesday, December 10th. CIBC lifted their target price on shares of Enerflex from C$11.50 to C$15.25 and gave the company a “neutral” rating in a research note on Friday, November 7th. TD Securities increased their price target on Enerflex from C$19.00 to C$23.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. BMO Capital Markets raised their price target on Enerflex from C$20.00 to C$23.00 in a report on Monday, November 10th. Finally, National Bankshares boosted their price objective on Enerflex from C$17.50 to C$24.00 and gave the company a “sector perform” rating in a research report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$21.34.

Enerflex Stock Up 0.1%

TSE EFX opened at C$20.70 on Friday. The stock’s 50-day moving average price is C$18.62 and its 200-day moving average price is C$14.70. The company has a quick ratio of 1.20, a current ratio of 1.19 and a debt-to-equity ratio of 81.27. Enerflex has a 52 week low of C$8.74 and a 52 week high of C$22.07. The company has a market capitalization of C$2.52 billion, a P/E ratio of 18.82 and a beta of 2.16.

Enerflex (TSE:EFX) last announced its quarterly earnings data on Thursday, November 6th. The company reported C$0.30 earnings per share (EPS) for the quarter. The company had revenue of C$1.08 billion during the quarter. Enerflex had a negative return on equity of 8.76% and a negative net margin of 3.72%. On average, equities research analysts predict that Enerflex will post 0.734413 earnings per share for the current year.

Insider Activity at Enerflex

In related news, insider Paul Mahoney purchased 18,250 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was bought at an average price of C$13.70 per share, for a total transaction of C$250,025.00. Following the completion of the transaction, the insider owned 36,500 shares in the company, valued at approximately C$500,050. The trade was a 100.00% increase in their position. Insiders own 0.49% of the company’s stock.

Enerflex Company Profile

Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company’s focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as a coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression. Enerflex operates three business segments: the USA, Rest of World, and Canada.