Enerflex Price Target Raised to US$15 at RBC

MT Newswires Live09-25

RBC Capital Markets raised its price target on Enerflex Ltd. (EFX.TO, EFXT) to US$15 from US$13 on Thursday.

Analyst Keith Mackey maintained an Outperform rating on shares of the Calgary-based provider of energy infrastructure and energy transition solutions.

"Enerflex stands out as the only stock in our coverage group with positive Street earnings revisions for 2025 and 2026," Mackey said in a note to clients.

"We believe Enerflex remains in strong position to capitalize on natural gas demand growth and has an improving FCF profile, which should drive an inflection in shareholder returns," the analyst said.

"Enerflex shares also remain attractively valued, and we believe continued operational performance and judicious capital allocation should close the gap to peers."

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

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