Enerflex (EFX) Stock Forecast & Price Target

C$7.69

+0.09 (+1.18%)

(As of 07/26/2024 ET)

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Enerflex - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 9 Analyst Ratings

Based on 9 Wall Street analysts who have issued ratings for Enerflex in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 3 have given a hold rating, and 6 have given a buy rating for EFX.

Consensus Price Target

C$10.25
33.29% Upside

High Forecast	C$12.00
Average Forecast	C$10.25
Low Forecast	C$6.00

According to the 9 analysts' twelve-month price targets for Enerflex, the average price target is C$10.25. The highest price target for EFX is C$12.00, while the lowest price target for EFX is C$6.00. The average price target represents a forecasted upside of 33.29% from the current price of C$7.69.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$10.25	C$10.44	C$11.50	C$14.18
Forecasted Upside	33.29% Upside	48.10% Upside	57.04% Upside	55.06% Upside

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EFX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

EFX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Enerflex Stock vs. The Competition

Type	Enerflex	Energy Companies
Consensus Rating Score	2.67	2.72
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Positive News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/28/2024	ATB Capital 4 of 5 stars		Lower Target	Outperform	C$12.50 ➝ C$12.00	+63.27%
6/3/2024	National Bankshares 1 of 5 stars		Downgrade	Outperform ➝ Sector Perform	C$10.00 ➝ C$9.00	+36.36%
6/2/2024	National Bank Financial 5 of 5 stars	D. Payne Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
5/13/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$6.55 ➝ C$6.00	-14.16%
5/9/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$13.00 ➝ C$10.00	+43.68%
5/9/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$11.50 ➝ C$11.00	+58.05%
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5/8/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$11.00 ➝ C$10.00	+51.06%
11/13/2023	Acumen Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	C$14.00 ➝ C$12.00	+98.68%
11/10/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$14.00 ➝ C$12.00	+97.04%
3/8/2023	Atb Cap Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Monachello Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Outperform
1/17/2023	Stifel Firstegy Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Pereira Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:54 AM ET.

EFX Forecast - Frequently Asked Questions

What is Enerflex's forecast for 2024?: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Enerflex is C$10.25, with a high forecast of C$12.00 and a low forecast of C$6.00.
Should I buy or sell Enerflex stock right now?: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enerflex in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EFX shares.
Does Enerflex's stock price have much upside?: According to analysts, Enerflex's stock has a predicted upside of 48.20% based on their 12-month stock forecasts.
Has Enerflex been downgraded by Wall Street analysts recently?: Over the previous 90 days, Enerflex's stock had 2 downgrades by analysts.
What analysts cover Enerflex?: Enerflex has been rated by research analysts at ATB Capital, BMO Capital Markets, CIBC, National Bank Financial, National Bankshares, Raymond James, and Stifel Nicolaus in the past 90 days.
Do Wall Street analysts like Enerflex more than its competitors?: Analysts like Enerflex less than other "energy" companies. The consensus rating score for Enerflex is 2.67 while the average consensus rating score for "energy" companies is 2.72. Learn more on how EFX compares to other companies.