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Enerflex Ltd’s stock has reached a significant milestone, hitting an all-time high of 11.37 USD. According to InvestingPro analysis, the company appears undervalued despite this achievement, with analysts setting price targets ranging from $10 to $15. This achievement underscores a strong performance over the past year, with the company’s stock price experiencing an impressive 67.3% increase. Trading at a modest P/E ratio of 10.58 and maintaining dividend payments for 15 consecutive years, the $1.37B market cap company has shown remarkable resilience. The surge in Enerflex’s stock price reflects positive investor sentiment and robust business operations, positioning the company favorably in the market. This all-time high marks a pivotal moment for Enerflex, as it continues to build on its growth trajectory and capitalize on emerging opportunities within its industry. InvestingPro subscribers can access 10 additional key insights and a comprehensive research report about Enerflex’s potential.
In other recent news, Enerflex Ltd. has extended the maturity date of its syndicated secured revolving credit facility to July 11, 2028, while keeping the borrowing limit at $800 million. As of March 31, 2025, the company had utilized $117 million of this facility. In a separate development, RBC Capital has raised its price target for Enerflex to $15.00 from $13.00, maintaining an Outperform rating. This upgrade is based on Enerflex’s strong free cash flow profile and its strategic position to benefit from growing natural gas demand. RBC Capital believes these factors could lead to an increase in shareholder returns. These recent developments highlight Enerflex’s efforts to strengthen its financial position and the positive outlook from analysts.
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