NFI Group Inc. (TSE:NFI) Given Consensus Recommendation of “Hold” by Analysts

Shares of NFI Group Inc. (TSE:NFIGet Rating) have been given a consensus recommendation of “Moderate Buy” by the eleven analysts that are currently covering the stock, reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$15.13.

Several equities research analysts have recently weighed in on NFI shares. National Bankshares upped their price target on shares of NFI Group from C$14.00 to C$17.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 4th. TD Securities increased their target price on shares of NFI Group from C$13.50 to C$14.50 and gave the company a “hold” rating in a research report on Friday, August 5th. Finally, Stifel Nicolaus increased their target price on shares of NFI Group from C$6.00 to C$8.50 in a research report on Thursday, August 4th.

NFI Group Price Performance

Shares of NFI opened at C$13.47 on Monday. The company has a 50 day moving average price of C$13.53 and a 200-day moving average price of C$13.83. NFI Group has a fifty-two week low of C$10.39 and a fifty-two week high of C$29.96. The stock has a market capitalization of C$1.00 billion and a PE ratio of -15.29. The company has a debt-to-equity ratio of 137.03, a quick ratio of 0.53 and a current ratio of 1.75.

NFI Group (TSE:NFIGet Rating) last announced its quarterly earnings results on Wednesday, August 3rd. The company reported C($0.82) earnings per share for the quarter, missing the consensus estimate of C($0.70) by C($0.12). The firm had revenue of C$507.93 million for the quarter, compared to analysts’ expectations of C$576.95 million. Equities analysts predict that NFI Group will post 0.76 earnings per share for the current fiscal year.

NFI Group Company Profile

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NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, Europe, the Asia Pacific, and internationally. It operates through two segments, Manufacturing Operations and Aftermarket Operations. The company offers heavy-duty transit buses under the New Flyer name; single and double-deck buses under the Alexander Dennis Limited brand name; motor coaches under Plaxton and MCI brand names; low-floor cutaway and medium-duty buses under the ARBOC brand; and aftermarket parts under the NFI Parts brand name, as well as articulated buses.

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Analyst Recommendations for NFI Group (TSE:NFI)

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