NFI Group Inc. (TSE:NFI) Receives C$22.43 Consensus PT from Analysts

NFI Group Inc. (TSE:NFI) has been given an average rating of “Buy” by the seven research firms that are covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is C$22.43.

Several analysts have issued reports on the company. BMO Capital Markets dropped their target price on NFI Group from C$18.00 to C$17.00 in a report on Monday, December 8th. ATB Cormark Capital Markets boosted their price target on shares of NFI Group from C$27.00 to C$28.00 and gave the company an “outperform” rating in a research report on Friday, March 13th. National Bank Financial dropped their price objective on shares of NFI Group from C$28.00 to C$22.00 and set an “outperform” rating for the company in a report on Tuesday, February 3rd. TD Securities upgraded shares of NFI Group to a “strong-buy” rating in a research report on Friday, January 30th. Finally, Scotiabank lifted their target price on shares of NFI Group from C$21.00 to C$22.00 and gave the stock an “outperform” rating in a research note on Friday, March 13th.

NFI Group Trading Down 2.4%

Shares of NFI Group stock opened at C$18.28 on Tuesday. The company has a debt-to-equity ratio of 220.13, a current ratio of 1.47 and a quick ratio of 0.55. The stock’s 50 day simple moving average is C$17.63 and its 200-day simple moving average is C$15.89. The stock has a market cap of C$2.18 billion, a P/E ratio of -15.32, a P/E/G ratio of -0.07 and a beta of 0.22. NFI Group has a 1-year low of C$9.83 and a 1-year high of C$19.90.

NFI Group (TSE:NFI) last posted its quarterly earnings results on Wednesday, March 11th. The company reported C$0.68 EPS for the quarter. NFI Group had a negative return on equity of 24.33% and a negative net margin of 3.80%.The firm had revenue of C$1.33 billion during the quarter. Analysts predict that NFI Group will post 1.2814107 EPS for the current fiscal year.

About NFI Group

Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation. With over 9,000 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motorcoaches), Alexander Dennis Limited (single- and double-deck buses), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts¿.