NFI Group (TSE:NFI – Get Free Report) had its price target upped by research analysts at National Bankshares from C$19.00 to C$21.00 in a research note issued to investors on Friday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price target points to a potential upside of 32.58% from the company’s previous close.
Other equities analysts also recently issued reports about the company. CIBC lifted their target price on NFI Group from C$12.00 to C$12.50 and gave the company an “underperform” rating in a research report on Tuesday, May 7th. Stifel Nicolaus raised NFI Group from a “hold” rating to a “buy” rating and lifted their target price for the company from C$15.00 to C$18.00 in a research report on Monday, May 6th. Stifel Canada raised NFI Group from a “hold” rating to a “buy” rating in a research report on Monday, May 6th. ATB Capital lifted their target price on NFI Group from C$17.00 to C$18.00 and gave the company an “outperform” rating in a research report on Monday, May 6th. Finally, BMO Capital Markets decreased their price objective on NFI Group from C$17.00 to C$15.00 and set an “outperform” rating for the company in a research note on Friday, March 1st. One analyst has rated the stock with a sell rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, NFI Group currently has a consensus rating of “Moderate Buy” and an average price target of C$19.67.
Check Out Our Latest Research Report on NFI
NFI Group Stock Up 1.4 %
NFI Group (TSE:NFI – Get Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The company reported C($0.18) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C($0.18). The firm had revenue of C$974.37 million during the quarter, compared to the consensus estimate of C$955.13 million. NFI Group had a negative return on equity of 16.18% and a negative net margin of 3.45%. Sell-side analysts expect that NFI Group will post 0.2184143 EPS for the current year.
NFI Group Company Profile
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.
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