NFI Group Inc. (TSE:NFI) Given Consensus Rating of "Buy" by Brokerages

NFI Group Inc. (TSE:NFI - Get Free Report) has earned an average rating of "Buy" from the seven analysts that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$22.50.

NFI has been the topic of several research reports. Stifel Nicolaus lowered their target price on NFI Group from C$23.00 to C$22.00 and set a "buy" rating on the stock in a research note on Wednesday, June 4th. BMO Capital Markets raised NFI Group from a "hold" rating to a "strong-buy" rating and boosted their price target for the company from C$14.00 to C$23.00 in a report on Thursday, July 17th. Finally, Scotiabank set a C$22.00 price target on NFI Group and gave the company a "sector perform" rating in a report on Thursday.

NFI Group Price Performance

TSE:NFI traded up C$0.24 during mid-day trading on Thursday, reaching C$19.68. The stock had a trading volume of 274,464 shares, compared to its average volume of 300,221. NFI Group has a 12 month low of C$9.83 and a 12 month high of C$19.71. The stock has a market capitalization of C$1.63 billion, a PE ratio of -67.42, a P/E/G ratio of -0.07 and a beta of 1.41. The company has a debt-to-equity ratio of 171.59, a current ratio of 1.71 and a quick ratio of 0.55. The stock has a 50-day simple moving average of C$16.90 and a two-hundred day simple moving average of C$13.70.

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.