New Flyer Industries Inc (NFI) Given New C$59.00 Price Target at CIBC
A number of other brokerages also recently weighed in on NFI. TD Securities lifted their price target on New Flyer Industries from C$62.00 to C$63.00 and gave the company a buy rating in a report on Friday, July 14th. Scotiabank lifted their price target on New Flyer Industries from C$59.00 to C$60.00 and gave the company an outperform rating in a report on Friday, August 11th. Finally, BMO Capital Markets reiterated a market perform rating and set a C$57.00 price target on shares of New Flyer Industries in a report on Friday, August 25th.
New Flyer Industries (TSE NFI) opened at 53.30 on Tuesday. The company’s 50-day moving average price is $51.38 and its 200 day moving average price is $52.67. The stock has a market capitalization of $3.35 billion and a P/E ratio of 22.33. New Flyer Industries has a 52-week low of $36.25 and a 52-week high of $57.70.
WARNING: This news story was posted by Watch List News and is the property of of Watch List News. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://www.watchlistnews.com/new-flyer-industries-inc-nfi-given-new-c59-00-price-target-at-cibc/1644850.html.
In other New Flyer Industries news, insider Paul Warren Dennis Smith sold 20,300 shares of the business’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of C$51.11, for a total value of C$1,037,533.00. Also, Director Vincent James Sardo sold 1,700 shares of the business’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of C$54.31, for a total value of C$92,327.00. Insiders have sold 42,500 shares of company stock worth $2,174,373 in the last quarter.
New Flyer Industries Company Profile
New Flyer Industries Inc manufactures and sells transit buses and motor coaches in the United States and Canada. It operates through two segments, Transit Bus and Coach Manufacturing Operations, and Aftermarket Operations. The company also distributes parts with fabrication, manufacturing, distribution, and service centers.
Receive News & Ratings for New Flyer Industries Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Flyer Industries Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.