NFI Group Inc. (TSE:NFI) Given Consensus Rating of “Moderate Buy” by Analysts

NFI Group Inc. (TSE:NFI) has been assigned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$22.20.

Several research firms recently weighed in on NFI. CIBC raised their price objective on NFI Group from C$18.50 to C$21.00 in a research note on Wednesday, December 4th. Cibc World Mkts raised NFI Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 4th. Finally, BMO Capital Markets downgraded NFI Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st.

NFI Group Trading Down 2.2 %

Shares of NFI stock opened at C$11.38 on Friday. The stock has a market cap of C$943.19 million, a P/E ratio of -38.99, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. The stock’s 50 day simple moving average is C$13.03. NFI Group has a 12-month low of C$9.91 and a 12-month high of C$19.55. The company has a current ratio of 1.71, a quick ratio of 0.55 and a debt-to-equity ratio of 171.59.

NFI Group Company Profile

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.