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CIBC Remains a Hold on Enerflex (EFX)

Tipranks - Tipranks - Fri Apr 17, 6:48PM CDT

In a report released today, Jamie Kubik from CIBC maintained a Hold rating on Enerflex, with a price target of $25.50.

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According to TipRanks, Kubik is a 5-star analyst with an average return of 14.8% and a 55.61% success rate. Kubik covers the Energy sector, focusing on stocks such as Precision Drilling, Paramount Resources, and Kelt Exploration.

Currently, the analyst consensus on Enerflex is a Strong Buy with an average price target of $27.15.

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Based on Enerflex’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$627 million and a GAAP net loss of C$57.88 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.

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