NFI Group (TSE:NFI - Get Free Report) received a C$22.00 price objective from equities research analysts at Scotiabank in a research note issued to investors on Thursday,BayStreet.CA reports. The firm presently has a "sector perform" rating on the stock. Scotiabank's target price would suggest a potential upside of 10.83% from the company's previous close.
Several other equities analysts also recently commented on NFI. BMO Capital Markets raised NFI Group from a "hold" rating to a "strong-buy" rating and upped their price objective for the company from C$14.00 to C$23.00 in a research report on Thursday, July 17th. Stifel Nicolaus lowered their price objective on shares of NFI Group from C$23.00 to C$22.00 and set a "buy" rating for the company in a research note on Wednesday, June 4th. One research analyst has rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of C$22.50.
Check Out Our Latest Analysis on NFI
NFI Group Price Performance
Shares of NFI stock traded up C$0.17 on Thursday, reaching C$19.85. The company's stock had a trading volume of 311,874 shares, compared to its average volume of 300,302. The stock's fifty day simple moving average is C$16.90 and its 200-day simple moving average is C$13.70. NFI Group has a 1 year low of C$9.83 and a 1 year high of C$19.90. 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 company has a market capitalization of C$1.65 billion, a price-to-earnings ratio of -68.00, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41.
About NFI Group
(
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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.
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