Wendy Wai Ting Kei Purchases 1,768 Shares of NFI Group Inc. (TSE:NFI) Stock

NFI Group Inc. (TSE:NFIGet Free Report) Director Wendy Wai Ting Kei purchased 1,768 shares of the stock in a transaction on Friday, March 8th. The stock was acquired at an average cost of C$11.30 per share, with a total value of C$19,979.11.

NFI Group Price Performance

NFI stock opened at C$12.15 on Wednesday. The firm’s 50-day moving average price is C$12.41 and its two-hundred day moving average price is C$12.94. NFI Group Inc. has a 12-month low of C$7.00 and a 12-month high of C$14.55. The stock has a market capitalization of C$1.45 billion, a price-to-earnings ratio of -6.26, a PEG ratio of -0.07 and a beta of 1.35. The company has a current ratio of 1.84, a quick ratio of 0.55 and a debt-to-equity ratio of 161.79.

Analysts Set New Price Targets

Several analysts have weighed in on NFI shares. Stifel Nicolaus set a C$15.00 price target on shares of NFI Group and gave the stock a “hold” rating in a research note on Tuesday, November 21st. CIBC boosted their price target on shares of NFI Group from C$11.50 to C$12.00 and gave the stock an “underperform” rating in a research note on Monday, January 22nd. National Bankshares boosted their price target on shares of NFI Group from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 17th. Finally, BMO Capital Markets lowered their price target on shares of 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 research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, NFI Group has an average rating of “Moderate Buy” and a consensus target price of C$18.58.

Check Out Our Latest Stock Analysis on NFI

NFI Group Company Profile

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NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, Europe, and the Asia Pacific. It operates through OEM Manufacturing Operations and Aftermarket Operations segments. The OEM Manufacturing Operations segment designs, manufactures, and sells transit buses, motor coaches, and medium-duty and cutaway buses.

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