Enerflex (NYSE:EFXT – Get Rating) was downgraded by investment analysts at Raymond James from a "strong-buy" rating to an "outperform" rating in a report issued on Tuesday, The Fly reports.
A number of other equities analysts have also commented on the company. Stifel Nicolaus lifted their price objective on Enerflex from C$8.00 to C$9.00 in a research note on Monday, November 14th. CIBC increased their target price on shares of Enerflex from C$10.00 to C$11.00 in a research note on Tuesday, January 17th. National Bank Financial lowered Enerflex from an "outperform" rating to a "sector perform" rating in a research note on Tuesday, January 31st. Finally, Royal Bank of Canada raised their price objective on Enerflex from C$11.00 to C$12.00 in a research report on Friday, November 11th.
Get Enerflex alerts:Enerflex Price Performance
Shares of Enerflex stock opened at $6.81 on Tuesday. Enerflex has a 12-month low of $3.86 and a 12-month high of $7.66. The stock's 50 day moving average is $6.64.
Enerflex (NYSE:EFXT – Get Rating) last posted its quarterly earnings data on Wednesday, November 9th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $301.14 million for the quarter.Institutional Trading of Enerflex
Several institutional investors have recently made changes to their positions in EFXT. Bank of Montreal Can acquired a new position in Enerflex in the fourth quarter worth about $8,650,000. TD Asset Management Inc acquired a new position in shares of Enerflex in the 4th quarter worth approximately $7,153,000. Simplex Trading LLC bought a new position in shares of Enerflex during the 4th quarter worth approximately $73,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Enerflex in the 4th quarter valued at $57,000.
About Enerflex
(Get Rating)
Enerflex Ltd. engages in the manufacture and distribution of equipment for gas compression facilities, power plants and other industrial institutions. It operates through the following geographical segments: USA, Rest of the World, and Canada. The USA segment manufactures modular natural gas compression, processing, refrigeration, and electric power equipment.
Further Reading
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