NFI Group (TSE:NFI) Price Target Raised to C$25.50 at Stifel Nicolaus

Key Points

• Stifel Nicolaus raised its price target on NFI Group from C$23.00 to C$25.50 and kept a "buy" rating, implying about a 18.1% upside from the prior close.
• Sell‑side consensus is a Buy (two Strong Buy, five Buy) with a MarketBeat consensus target of C$23.14, though analyst targets range roughly from C$22.00 to C$28.00.
• Shares traded at C$21.60 (near the 52‑week high of C$21.80) but the company has strained fundamentals—negative PE (-18.1%), negative net margin (-3.8%), and a high debt‑to‑equity ratio (~220%)—despite quarterly EPS of C$0.68 on C$1.33B revenue.

NFI Group (TSE:NFI - Get Free Report) had its price target increased by stock analysts at Stifel Nicolaus from C$23.00 to C$25.50 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. Stifel Nicolaus' target price would indicate a potential upside of 18.06% from the stock's previous close.

A number of other equities research analysts also recently issued reports on the stock. National Bank Financial reduced their price target on shares of NFI Group from C$28.00 to C$22.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 3rd. Scotiabank boosted their price target on shares of NFI Group from C$22.00 to C$24.50 and gave the company a "sector outperform" rating in a research note on Tuesday. TD Securities raised shares of NFI Group to a "strong-buy" rating in a research note on Friday, January 30th. Finally, 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 note on Friday, March 13th. Two equities research analysts have rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to MarketBeat, NFI Group has a consensus rating of "Buy" and a consensus target price of C$23.14.

NFI Group Trading Down 0.7%

Shares of NFI Group stock traded down C$0.16 on Friday, reaching C$21.60. The company had a trading volume of 111,563 shares, compared to its average volume of 354,931. The firm's 50 day moving average price is C$18.82 and its two-hundred day moving average price is C$16.43. The firm has a market cap of C$2.57 billion, a PE ratio of -18.10, a PEG ratio of -0.07 and a beta of -0.07. NFI Group has a 52-week low of C$11.75 and a 52-week high of C$21.80. The company has a debt-to-equity ratio of 220.13, a quick ratio of 0.55 and a current ratio of 1.47.

NFI Group (TSE:NFI - Get Free Report) last released its quarterly earnings results on Wednesday, March 11th. The company reported C$0.68 earnings per share (EPS) for the quarter. The business had revenue of C$1.33 billion for the quarter. NFI Group had a negative net margin of 3.80% and a negative return on equity of 24.33%. Sell-side analysts predict that NFI Group will post 1.2814107 earnings per share for the current fiscal year.

NFI Group Company Profile

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¿.

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