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ATB Cormark Capital Markets Keeps Their Buy Rating on Enerflex (EFX)

Tipranks - Tipranks - Sat Feb 28, 7:32AM CST

ATB Cormark Capital Markets analyst maintained a Buy rating on Enerflex today and set a price target of C$39.00.

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In a report released on February 25, BMO Capital also maintained a Buy rating on the stock with a C$35.00 price target.

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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 25 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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