ATB Capital Markets Sticks to Its Buy Rating for Enerflex (EFX)
In a report released on December 19, from ATB Capital Markets maintained a Buy rating on Enerflex, with a price target of C$26.00. The company’s shares closed last Friday at C$20.70.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Enerflex with a C$22.43 average price target, which is an 8.36% upside from current levels. In a report released on December 9, Raymond James also maintained a Buy rating on the stock with a C$25.00 price target.
Based on Enerflex’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$1.08 billion and a net profit of C$51.48 million. In comparison, last year the company earned a revenue of C$152.48 million and had a net profit of C$30 million
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is neutral on the stock.
Read More on TSE:EFX:
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