NFI Group (TSE:NFI) Price Target Raised to C$20.00

NFI Group (TSE:NFI) had its target price hoisted by CIBC from C$19.00 to C$20.00 in a report published on Monday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other research analysts have also recently commented on the stock. BMO Capital Markets cut their price target on shares of NFI Group from C$14.00 to C$13.00 in a report on Friday. ATB Capital increased their target price on shares of NFI Group from C$24.00 to C$26.00 and gave the stock an “outperform” rating in a report on Monday. Finally, Cibc World Mkts upgraded shares of NFI Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 4th. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$20.80.

NFI Group Trading Down 3.4 %

TSE NFI opened at C$12.96 on Monday. The business has a 50-day moving average of C$12.04. 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$1.07 billion, a PE ratio of -44.40, a PEG ratio of -0.07 and a beta of 1.41. NFI Group has a 12 month low of C$9.91 and a 12 month high of C$19.55.

NFI Group Company Profile

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.