Acumen Capital Raises Enerflex (TSE:EFX) Price Target to C$15.00

Enerflex (TSE:EFX) had its price objective lifted by equities researchers at Acumen Capital from C$12.00 to C$15.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. Acumen Capital’s price target would indicate a potential upside of 27.66% from the stock’s previous close.

Other equities analysts have also recently issued reports about the company. TD Securities increased their price target on Enerflex from C$12.00 to C$15.00 and gave the stock a “buy” rating in a report on Friday. BMO Capital Markets raised their price target on Enerflex from C$11.00 to C$15.00 in a research note on Friday. Raymond James raised their price objective on Enerflex from C$12.00 to C$13.75 in a report on Friday. Finally, ATB Capital boosted their price target on Enerflex from C$12.00 to C$15.00 in a research report on Friday. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$12.34.

Enerflex Trading Up 4.3 %

EFX opened at C$11.75 on Friday. Enerflex has a 1-year low of C$5.45 and a 1-year high of C$11.92. The firm has a market capitalization of C$1.46 billion, a price-to-earnings ratio of -10.22 and a beta of 1.71. The company’s 50 day simple moving average is C$8.77 and its two-hundred day simple moving average is C$7.87. The company has a debt-to-equity ratio of 93.84, a current ratio of 1.27 and a quick ratio of 1.20.

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.