In a new note to investors yesterday, an analyst has provided a rating update for Enerflex (EFX – Research Report). The NA company, Enerflex (TSX: EFX) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Gibson is a 5-star analyst with an average return of 26.7% and a 67.5% success rate. Gibson covers the NA sector, focusing on stocks such as North American Construction Group, Trican Well Service, and Precision Drilling.
Currently, the analyst consensus on Enerflex is a Moderate Buy with an average price target of C$11.33.
Enerflex’s market cap is currently C$742.1M and has a P/E ratio of -6.24.
Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company’s focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as a coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field or processing plant compression. Enerflex’s compression packages are engineered for onshore installations, but the company has adapted to supply offshore specifications also.
The company’s shares closed last Wednesday at C$5.99, close to its 52-week low of C$5.53.
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