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CIBC Maintains Enerflex's Neutral Rating, US$28 Price Target

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CIBC Capital Markets on Thursday reiterated its neutral rating on the shares of Enerflex (EFX.TO, EFXT) and its US$28.00 price target.

Enerflex's outlined its strategic priorities and financial objectives for 2026 to 2030 during the company's 2026 virtual investor day.

The company is targeting a 200 basis point increase to its EBITDA margin, and expects to deliver outsized growth compared to an expected industry compound annual growth rate of 6%.

The projected growth rate excludes potential opportunities from power generation related to data center, which remains an intriguing option value to the outlook, CIBC said.

"We believe the day served to provide a more focused framework on the outlook for optimizing the business moving forward, however we do not expect meaningful changes to consensus expectations," CIBC said.

Price: $34.15, Change: $-0.16, Percent Change: -0.47%

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