14:18:09 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Enerflex Ltd
Symbol EFX
Shares Issued 123,927,997
Close 2023-11-10 C$ 6.09
Market Cap C$ 754,721,502
Recent Sedar Documents

Globe says RBC's Mackey keeps Enerflex at "outperform"

2023-11-10 08:23 ET - In the News

The Globe and Mail reports in its Friday, Nov. 10, edition that RBC Capital Markets analyst Keith Mackey has reaffirmed his "outperform" recommendation for Enerflex. The Globe's David Leeder writes in the Eye On Equities column that Mr. Mackey cut his share target back by $2 to $12. Analysts on average target the shares at $11.39. Mr. Mackey says in a note: "Enerflex's 3Q23 results allayed near-term market concerns with the company generating FCF, recording strong bookings, and reaffirming FY23 guidance range. We remain constructive on the stock given potential for FCF inflection on strong fundamentals and merger integration progress." The Globe reported on March 7 that Mr. Mackey had elevated his recommendation for Enerflex to "outperform" from "sector perform." The shares could then be had for $9.25. The Globe reported on Oct. 5 that Mr. Mackey was sticking with his "outperform" recommendation. The shares could then be had for $5.68. The Globe reported on Oct. 13 that National Bank analyst Dan Payne rated Enerflex "sector perform." The shares could then be had for $5.83.

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