NFI Group Inc. (TSE:NFI) Given Average Recommendation of "Buy" by Analysts

NFI Group Inc. (TSE:NFI - Get Free Report) has been assigned an average recommendation of "Buy" from the six brokerages that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$20.60.

Several research firms recently commented on NFI. ATB Capital boosted their price objective on shares of NFI Group from C$24.00 to C$26.00 and gave the stock an "outperform" rating in a research report on Monday, March 17th. Stifel Nicolaus decreased their price objective on shares of NFI Group from C$23.00 to C$22.00 and set a "buy" rating on the stock in a research report on Wednesday. BMO Capital Markets decreased their price objective on shares of NFI Group from C$14.00 to C$13.00 in a research report on Friday, March 14th. Finally, CIBC boosted their price objective on shares of NFI Group from C$19.00 to C$20.00 and gave the stock an "outperform" rating in a research report on Monday, March 17th.

NFI Group Trading Up 1.0%

TSE NFI traded up C$0.15 during trading hours on Wednesday, reaching C$15.38. The company had a trading volume of 182,962 shares, compared to its average volume of 312,535. The stock has a 50-day moving average of C$12.97 and a 200 day moving average of C$12.87. NFI Group has a 1-year low of C$9.83 and a 1-year high of C$19.55. The company has a current ratio of 1.71, a quick ratio of 0.55 and a debt-to-equity ratio of 171.59. The stock has a market capitalization of C$1.27 billion, a P/E ratio of -52.69, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41.

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.