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RBC Lifts Enerflex's Price Target to US$32 from US$31

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RBC Capital Markets on Thursday raised Enerflex's (EFX.TO) price target to US$32 from $31 with an outperform rating.

RBC raised its 2027 EBITDA estimates for Enerflex by 4% following the company's virtual investor update, which provided clear insight into its plans to drive growth, expand margins, and create shareholder value over the next five years.

Enerflex's strategy is anchored in driving productivity, focusing capital on the highest-value growth opportunities, and allocating capital with discipline to create shareholder returns.

Enerflex is part of RBC's Global Energy Best Ideas list and Canadian Small Cap Conviction list.

The company traded at $25.18 per share at last look on the New York Stock Exchange.

Price: $34.99, Change: $-0.05, Percent Change: -0.14%

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