Analysts Set NFI Group Inc. (TSE:NFI) Price Target at C$21.70

Shares of NFI Group Inc. (TSE:NFI) have earned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is C$21.70.

Several brokerages have recently commented on NFI. BMO Capital Markets lowered NFI Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. CIBC decreased their price objective on NFI Group from C$19.50 to C$18.50 in a report on Friday, November 8th. Finally, Stifel Nicolaus raised their target price on NFI Group from C$18.00 to C$23.00 in a research note on Tuesday, August 6th.

NFI Group Stock Performance

Shares of NFI opened at C$14.26 on Friday. NFI Group has a 12 month low of C$10.89 and a 12 month high of C$19.55. The stock has a fifty day moving average price of C$16.57 and a 200-day moving average price of C$16.88. The company has a current ratio of 1.74, a quick ratio of 0.55 and a debt-to-equity ratio of 164.92. The firm has a market cap of C$1.70 billion, a PE ratio of -32.41, a P/E/G ratio of -0.07 and a beta of 1.41.

About NFI Group

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.