Enerflex Ltd. (TSE:EFX) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Enerflex Ltd. (TSE:EFX) have received a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$17.46.

EFX has been the topic of a number of analyst reports. ATB Capital boosted their price objective on Enerflex from C$16.50 to C$19.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. TD Securities boosted their price objective on Enerflex from C$17.00 to C$19.00 in a research note on Tuesday, October 14th. Royal Bank Of Canada boosted their price objective on Enerflex from C$13.00 to C$15.00 and gave the company an “outperform” rating in a research note on Thursday, September 25th. BMO Capital Markets boosted their price objective on Enerflex from C$18.00 to C$20.00 in a research note on Friday, October 10th. Finally, Raymond James Financial boosted their price objective on Enerflex from C$17.75 to C$18.25 and gave the company an “outperform” rating in a research note on Friday, August 8th.

Enerflex Stock Performance

Shares of EFX opened at C$15.09 on Monday. The firm has a market cap of C$1.87 billion, a PE ratio of 14.51 and a beta of 2.37. The stock’s fifty day moving average price is C$14.48 and its two-hundred day moving average price is C$11.71. The company has a debt-to-equity ratio of 81.27, a current ratio of 1.19 and a quick ratio of 1.20. Enerflex has a 1 year low of C$8.74 and a 1 year high of C$16.44.

Enerflex Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Tuesday, September 2nd were paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Monday, August 18th. Enerflex’s dividend payout ratio is currently 9.50%.

About Enerflex

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.