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BMO Capital Keeps Their Buy Rating on Enerflex (EFX)

Tipranks - Wed Jun 17, 10:20AM CDT

In a report released today, John Gibson CFA from BMO Capital maintained a Buy rating on Enerflex, with a price target of $45.00.

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According to TipRanks, Gibson CFA is a 5-star analyst with an average return of 29.3% and a 67.33% success rate. Gibson CFA covers the Energy sector, focusing on stocks such as Enerflex, North American Construction Group, and Mattr.

Enerflex has an analyst consensus of Strong Buy, with a price target consensus of $32.69.

Based on Enerflex’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$574.43 million and a net profit of C$42.3 million. In comparison, last year the company earned a revenue of C$552 million and had a net profit of C$24 million

Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EFX in relation to earlier this year.

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