Enerflex (TSE:EFX – Get Free Report) had its price objective raised by analysts at TD Securities from C$11.00 to C$12.00 in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 36.36% from the company’s current price.
A number of other research firms also recently weighed in on EFX. ATB Capital decreased their price target on shares of Enerflex from C$12.50 to C$12.00 in a research note on Wednesday, August 21st. BMO Capital Markets lifted their price target on shares of Enerflex from C$10.00 to C$11.00 in a research note on Thursday, August 8th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Enerflex has a consensus rating of “Moderate Buy” and a consensus price target of C$10.56.
Check Out Our Latest Stock Report on EFX
Enerflex Stock Performance
Enerflex (TSE:EFX – Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C$0.05 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.08 by C($0.03). Enerflex had a negative return on equity of 9.39% and a negative net margin of 4.30%. The business had revenue of C$840.09 million for the quarter, compared to analyst estimates of C$761.73 million. As a group, equities analysts predict that Enerflex will post 0.7317518 EPS for the current fiscal year.
Enerflex Company Profile
Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management.
See Also
- Five stocks we like better than Enerflex
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- NVIDIA’s AI Dominance: Why Analysts Predict Major Upside Ahead
- Why is the Ex-Dividend Date Significant to Investors?
- These Stocks Are Using Buybacks to Unlock Big Gains for Investors
- What Makes a Stock a Good Dividend Stock?
- This Is the Entry Into PepsiCo You’ve Been Waiting For
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.