New Flyer Industries (TSE:NFI) had its target price hoisted by stock analysts at Scotiabank from C$60.00 to C$63.00 in a research note issued to investors on Friday. The brokerage presently has an “outperform” rating on the stock. Scotiabank’s price objective points to a potential upside of 11.35% from the stock’s current price.

A number of other research analysts have also recently weighed in on the stock. CIBC boosted their target price on shares of New Flyer Industries from C$60.00 to C$63.00 in a research note on Thursday, January 4th. TD Securities boosted their target price on shares of New Flyer Industries from C$61.00 to C$62.00 in a research note on Monday, December 4th.

New Flyer Industries (NFI) traded up C$1.18 on Friday, reaching C$56.58. 229,353 shares of the company’s stock were exchanged, compared to its average volume of 158,452. The stock has a market capitalization of $3,490.00, a PE ratio of 17.96 and a beta of 0.17. New Flyer Industries has a 52-week low of C$39.90 and a 52-week high of C$57.70.

In other New Flyer Industries news, insider Wayne Ray Joseph sold 2,849 shares of the business’s stock in a transaction dated Friday, December 8th. The shares were sold at an average price of C$53.00, for a total value of C$150,997.00.

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About New Flyer Industries

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.

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