Brokerages Set NFI Group Inc. (TSE:NFI) PT at C$22.20

NFI Group Inc. (TSE:NFI) has been given an average rating of “Moderate Buy” by the seven brokerages that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$22.20.

A number of analysts have weighed in on the company. CIBC raised their price target on NFI Group from C$18.50 to C$21.00 in a research note on Wednesday, December 4th. BMO Capital Markets cut NFI Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Finally, Cibc World Mkts upgraded shares of NFI Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 4th.

NFI Group Stock Performance

Shares of NFI opened at C$13.30 on Monday. NFI Group has a 1 year low of C$10.89 and a 1 year high of C$19.55. The stock has a market capitalization of C$1.58 billion, a PE ratio of -30.23, a PEG ratio of -0.07 and a beta of 1.41. The company has a debt-to-equity ratio of 164.92, a quick ratio of 0.55 and a current ratio of 1.74. The stock has a 50-day simple moving average of C$14.19 and a 200-day simple moving average of C$16.44.

NFI Group (TSE:NFI) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C($0.05) EPS for the quarter, missing the consensus estimate of C$0.05 by C($0.10). NFI Group had a negative return on equity of 8.17% and a negative net margin of 1.59%. On average, analysts predict that NFI Group will post 1.2814107 earnings per share for the current fiscal year.

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.