Today, an analyst has provided a rating update for Enerflex (EFX). The company received a Buy rating from TD Securities’ analyst Aaron Macneil, with a C$24 price target.
Macneil has an average return of 13.7% when recommending Enerflex.
According to TipRanks.com, Macneil is ranked #4794 out of 4900 analysts.
Enerflex has an analyst consensus of Strong Buy, with a price target consensus of C$24.08, implying a 32.2% upside from current levels. In a report released today, Scotiabank also upgraded the stock to Buy with a C$28 price target.
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Enerflex’s market cap is currently C$1.63B and has a P/E ratio of 19.8. The company has a Price to Book ratio of 1.37.
Enerflex Ltd. engages in the manufacture and distribution of equipment for gas compression facilities, power plants, and other industrial institutions. it operates through the following segments: Canda, USA, and Rest of the World. The company was founded in 1980 and is headquartered in Calgary, Canada.
The company’s shares closed on Monday at C$18.22, close to its 52-week high of C$18.46.
