NFI Group (TSE:NFI) Price Target Raised to C$11.00

NFI Group (TSE:NFIGet Rating) had its price objective boosted by analysts at TD Securities from C$10.00 to C$11.00 in a report released on Friday, BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ target price would indicate a potential upside of 11.79% from the company’s previous close.

Other equities research analysts also recently issued research reports about the company. National Bankshares decreased their price target on NFI Group from C$14.00 to C$13.00 and set a “sector perform” rating for the company in a report on Thursday. CIBC lowered NFI Group to a “sell” rating and set a C$8.50 price objective on the stock. in a research report on Wednesday, December 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of C$12.29.

NFI Group Stock Performance

Shares of NFI stock opened at C$9.84 on Friday. The business’s 50-day moving average price is C$10.68 and its 200-day moving average price is C$11.09. The company has a current ratio of 1.88, a quick ratio of 0.55 and a debt-to-equity ratio of 216.73. The firm has a market capitalization of C$759.25 million, a price-to-earnings ratio of -3.78, a PEG ratio of -0.07 and a beta of 1.40. NFI Group has a 12 month low of C$8.34 and a 12 month high of C$19.38.

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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