The Globe and Mail reports in its Tuesday, April 22, edition that National Bank Financial analyst Dan Payne has reaffirmed his "sector perform" call on Enerflex. The Globe's David Leeder writes that Mr. Payne cut his share target by $1.50 to $14.50. Analysts on average target the shares at $14.56. While acknowledging the macroeconomic pressures brought on by the U.S. government's trade policy have made it "an uncertain time" for oil-field services providers, Mr. Payne thinks "patience should be rewarded" for investors with a longer-term perspective. Mr. Payne says in a note, "More than ever, stability and consistency of earnings will be the key to supporting value, until it is able to fill its leadership gap with the recent departure of president and chief executive officer Marc Rossiter." The Globe reported on Oct. 13 that Mr. Payne rated Enerflex "sector perform." The shares could then be had for $5.83. The Globe reported on Jan. 17 that analysts at Acumen Capital had named Enerflex one of their "Dark Horse" stock picks for 2024. The Acumen analysts rated Enerflex "buy." In the item the analysts said Enerflex remains "under the radar" of investors. The shares could then be had for $6.41.
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