On 11/9/23, Enerflex Ltd (NYSE: EFXT) stock enjoyed a major increase of 10.4%, closing at $4.55. The stock has been weak relative to the market over the last nine months but has risen 8.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, EFXT is expected to be a modest Value Builder.
Enerflex has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Enerflex has a very high Appreciation Score of 93 but a poor Power Rating of 28, and the High Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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