Enerflex Ltd Increases Again; Strong Momentum for Buyers

 Enerflex Ltd Increases Again; Strong Momentum for Buyers

The stock of Enerflex Ltd (TSE:EFX) is a huge mover today! About 236,518 shares traded hands. Enerflex Ltd (TSE:EFX) has risen 47.89% since April 11, 2016 and is uptrending. It has outperformed by 43.96% the S&P500.
The move comes after 8 months positive chart setup for the $1.44B company. It was reported on Nov, 15 by Barchart.com. We have $26.57 PT which if reached, will make TSE:EFX worth $936.00M more.

Enerflex Ltd (TSE:EFX) Ratings Coverage

Out of 5 analysts covering Enerflex (TSE:EFX), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Enerflex has been the topic of 20 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Enerflex Ltd (TSE:EFX) has “Sector Outperformer” rating given on Wednesday, September 23 by IBC. The rating was downgraded by Scotia Capital on Friday, August 7 to “Outperform”. The rating was upgraded by Raymond James to “Market Perform” on Tuesday, August 11. On Monday, September 19 the stock rating was maintained by TD Securities with “Buy”. The firm earned “Sector Perform” rating on Friday, August 7 by Scotia Capital. The rating was maintained by BMO Capital Markets with “Outperform” on Monday, August 10. TD Securities maintained it with “Buy” rating and $17 target price in Friday, August 7 report.

More important recent Enerflex Ltd (TSE:EFX) news were published by: Marketwired.com which released: “Enerflex Ltd. Announces $100 Million Bought Deal Financing” on August 16, 2016, also Marketwired.com published article titled: “Enerflex Ltd. Announces Closing of Bought Deal Financing Including Exercise in …”, Theglobeandmail.com published: “Enerflex Ltd. not a risk-free environment” on August 12, 2015. More interesting news about Enerflex Ltd (TSE:EFX) was released by: Reuters.com and their article: “BRIEF-Enerflex Ltd announces $100 mln bought deal financing” with publication date: August 16, 2016.

Enerflex Ltd. is a Canada-based supplier of natural gas compression, gas and oil processing, refrigeration systems and electric power equipment. The company has a market cap of $1.44 billion. The Company’s in‐house resources provide the capability to engineer, design, manufacture, construct, commission and service hydrocarbon handling systems. It currently has negative earnings. The Firm operates through three divisions: Canada, USA and Rest of World.

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