NFI Group Inc. (TSE:NFI) Receives Consensus Recommendation of “Buy” from Analysts

NFI Group Inc. (TSE:NFI) has received an average rating of “Buy” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has 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 12-month target price among brokers that have issued ratings on the stock in the last year is C$20.60.

Several equities research analysts have weighed in on NFI shares. BMO Capital Markets lowered their target price on NFI Group from C$14.00 to C$13.00 in a report on Friday, March 14th. CIBC upped their target price on NFI Group from C$19.00 to C$20.00 and gave the stock an “outperform” rating in a report on Monday, March 17th. Stifel Nicolaus lowered their target price on NFI Group from C$23.00 to C$22.00 and set a “buy” rating for the company in a report on Wednesday, June 4th. Finally, ATB Capital upped their target price on NFI Group from C$24.00 to C$26.00 and gave the stock an “outperform” rating in a report on Monday, March 17th.

NFI Group Price Performance

Shares of NFI stock opened at C$15.31 on Wednesday. NFI Group has a twelve month low of C$9.83 and a twelve month high of C$19.55. The stock has a market capitalization of C$1.27 billion, a price-to-earnings ratio of -52.45, a P/E/G ratio of -0.07 and a beta of 1.41. The stock has a fifty day simple moving average of C$13.13 and a two-hundred day simple moving average of C$12.86. 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 is a Canadian automobile manufacturer. The company organizes itself into two segments: Manufacturing operations, and Aftermarket operations. Manufacturing operations, which represents more than half of the company’s revenue, includes the manufacture of transit buses for public transportation, and motor coaches.