Enerflex (EFX) Received its Third Buy in a Row

By Ryan Adsit

Analysts seem to be feeling optimistic about Enerflex (EFXResearch Report) lately, as another research firm gave the stock a Buy rating today. Analyst Andrew Bradford from Raymond James remains bullish on the stock and has a C$21.00 price target.

According to TipRanks.com, Bradford is ranked #5475 out of 5600 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Enerflex with a C$19.86 average price target.

The company has a one-year high of C$20.38 and a one-year low of C$10.05. Currently, Enerflex has an average volume of 190K.

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 segments: Canada, USA and Rest of the World. The company was founded in 1980 and is headquartered in Calgary, Canada.

The company’s shares closed last Friday at C$11.84.