ATB Capital Issues Positive Forecast for NFI Group (TSE:NFI) Stock Price

NFI Group (TSE:NFIFree Report) had its price target lifted by ATB Capital from C$24.00 to C$26.00 in a research note released on Monday,BayStreet.CA reports. ATB Capital currently has an outperform rating on the stock.

A number of other research analysts have also recently issued reports on the stock. CIBC lifted their price target on shares of NFI Group from C$18.50 to C$21.00 in a research report on Wednesday, December 4th. Cibc World Mkts raised shares of NFI Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 4th. Finally, BMO Capital Markets decreased their target price on shares of NFI Group from C$14.00 to C$13.00 in a report on Friday. 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 company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of C$20.80.

Read Our Latest Analysis on NFI

NFI Group Price Performance

Shares of TSE NFI opened at C$12.96 on Monday. NFI Group has a 1 year low of C$9.91 and a 1 year high of C$19.55. The stock has a market cap of C$1.07 billion, a PE ratio of -44.40, a P/E/G ratio of -0.07 and a beta of 1.41. The company’s 50-day simple moving average is C$12.04. 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 Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for NFI Group (TSE:NFI)

Receive News & Ratings for NFI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NFI Group and related companies with MarketBeat.com's FREE daily email newsletter.