"Enerflex delivered another strong quarter, driven in part by early completion of a large Engineered Systems (ES) project. That said, the company's recurring components also continue to perform very well. We view the long-term outlook for EFX in a very positive light, particularly given rising natural gas demand, data center optionality, and a strong balance sheet that leaves room for growth. Post quarter, we increase our target price to $23 ($20 prior), reflecting a relatively inexpensive 5x 2026E EV/EBITDA, and reiterate our Outperform rating," analyst John Gibson wrote.

(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)

Price: 18.43, Change: -0.47, Percent Change: -2.46

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