NFI Group (TSE:NFI) Given New C$13.00 Price Target at BMO Capital Markets

NFI Group (TSE:NFI) had its target price cut by BMO Capital Markets from C$14.00 to C$13.00 in a research note released on Friday,BayStreet.CA reports.

Several other research firms have also issued reports on NFI. Cibc World Mkts upgraded shares of NFI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 4th. CIBC lifted their target price on NFI Group from C$18.50 to C$21.00 in a report on Wednesday, December 4th. Finally, ATB Capital upped their target price on NFI Group from C$22.00 to C$24.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, NFI Group has an average rating of “Moderate Buy” and a consensus target price of C$20.60.

NFI Group Trading Up 20.8 %

TSE:NFI opened at C$13.42 on Friday. The firm’s 50-day simple moving average is C$12.08. The company has a market cap of C$1.11 billion, a price-to-earnings ratio of -45.97, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.55 and a current ratio of 1.71. NFI Group has a twelve month low of C$9.91 and a twelve 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.