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

Enerflex (TSE:EFX) has been given a C$26.00 price target by research analysts at ATB Capital in a research note issued on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. ATB Capital’s price target indicates a potential upside of 26.21% from the company’s current price.

EFX has been the subject of a number of other research reports. TD Securities lifted their price target on Enerflex from C$19.00 to C$23.00 and gave the stock a “buy” rating in a report on Friday, November 7th. National Bankshares raised 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. CIBC boosted their target price on Enerflex from C$11.50 to C$15.25 and gave the stock a “neutral” rating in a report on Friday, November 7th. Royal Bank Of Canada increased their price target on Enerflex from C$15.00 to C$17.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Finally, BMO Capital Markets raised their price target on Enerflex from C$20.00 to C$23.00 in a report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$21.34.

Enerflex Stock Down 0.4%

Shares of TSE:EFX traded down C$0.08 during midday trading on Friday, hitting C$20.60. The stock had a trading volume of 247,748 shares, compared to its average volume of 489,705. The company has a market cap of C$2.51 billion, a P/E ratio of 18.73 and a beta of 2.16. Enerflex has a 12 month low of C$8.74 and a 12 month high of C$22.07. The business’s 50-day simple moving average is C$18.51 and its 200-day simple moving average is C$14.60. 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 (TSE:EFX) last announced its quarterly earnings results on Thursday, November 6th. The company reported C$0.30 EPS for the quarter. Enerflex had a negative net margin of 3.72% and a negative return on equity of 8.76%. The firm had revenue of C$1.08 billion during the quarter. On average, sell-side analysts forecast that Enerflex will post 0.734413 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Paul Mahoney bought 18,250 shares of Enerflex stock in a transaction dated Monday, November 10th. The shares were bought at an average cost of C$13.70 per share, with a total value of C$250,025.00. Following the acquisition, the insider owned 36,500 shares in the company, valued at C$500,050. This trade represents a 100.00% increase in their position. 0.49% of the stock is owned by corporate insiders.

About Enerflex

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.