Enerflex (EFX) Gets a Buy from RBC Capital
In a report released yesterday, Keith Mackey from RBC Capital maintained a Buy rating on Enerflex, with a price target of $26.00.
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Mackey covers the Energy sector, focusing on stocks such as Nabors Industries, Helmerich & Payne, and Precision Drilling. According to TipRanks, Mackey has an average return of 27.1% and a 66.67% success rate on recommended stocks.
Enerflex has an analyst consensus of Strong Buy, with a price target consensus of $27.40.
Based on Enerflex’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$367.85 million and a GAAP net loss of C$70.36 million. In comparison, last year the company earned a revenue of C$561 million and had a net profit of C$15 million
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is neutral on the stock.
Read More on TSE:EFX:
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- Enerflex Earnings Call Highlights Cash, Backlog Strength
- Enerflex price target raised to C$39 from C$28 at TD Securities
- Enerflex Lifts Free Cash Flow, Cuts Debt and Sheds APAC Assets in Portfolio Shakeup
- Enerflex reports Q4 adjusted EBITDA $123M vs. $121M last year
- EFX Earnings Report this Week: Is It a Buy, Ahead of Earnings?
