Enerflex (TSE:EFX) Given a C$42.50 Price Target by National Bank Financial Analysts

Enerflex (TSE:EFX) has been assigned a C$42.50 target price by stock analysts at National Bank Financial in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 25.89% from the stock’s previous close.

EFX has been the subject of a number of other research reports. ATB Cormark Capital Markets upped their price objective on shares of Enerflex from C$42.00 to C$46.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. BMO Capital Markets boosted their target price on shares of Enerflex from C$39.00 to C$45.00 in a research note on Friday, May 8th. TD Securities upped their target price on shares of Enerflex from C$28.00 to C$39.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Royal Bank Of Canada increased their target price on Enerflex from C$26.00 to C$31.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, Raymond James Financial increased their price target on shares of Enerflex from C$40.00 to C$45.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$35.16.

Enerflex Trading Up 1.0%

EFX stock traded up C$0.33 during mid-day trading on Thursday, reaching C$33.76. 326,490 shares of the stock traded hands, compared to its average volume of 701,725. The stock’s fifty day moving average is C$34.72 and its 200-day moving average is C$28.25. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 54.47. Enerflex has a 52-week low of C$10.40 and a 52-week high of C$39.95. The company has a market cap of C$4.11 billion, a P/E ratio of 49.65 and a beta of 2.41.

Enerflex (TSE:EFX) last released its quarterly earnings data on Thursday, May 7th. The company reported C$0.49 earnings per share (EPS) for the quarter. Enerflex had a return on equity of 7.72% and a net margin of 3.63%.The firm had revenue of C$811.93 million during the quarter. As a group, sell-side analysts expect that Enerflex will post 0.734413 earnings per share for the current year.

Insider Buying and Selling at Enerflex

In related news, insider Gurpreet (Preet) Singh Dhindsa acquired 1,265 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was purchased at an average cost of C$39.00 per share, for a total transaction of C$49,335.00. Following the purchase, the insider directly owned 5,757 shares in the company, valued at C$224,523. This represents a 28.16% increase in their ownership of the stock. Over the last ninety days, insiders have bought 1,737 shares of company stock worth $67,558. 0.49% of the stock is owned by corporate insiders.

About Enerflex

Enerflex is a leading provider of modular natural gas, power technology and treated water solutions, delivering value through disciplined execution and a deliberate approach to where we compete. Our customer focused delivery model supports operational excellence, innovation, and scalability across our global footprint with a focus on creating long-term shareholder value. With approximately 4,400 engineers, manufacturers, technicians, professionals, and innovators, Enerflex is bound together by a shared vision: Transforming Energy for a Sustainable Future.