NFI Group Inc. (TSE:NFI) Receives Average Recommendation of “Buy” from Analysts

Shares of NFI Group Inc. (TSE:NFI) have earned a consensus rating of “Buy” from the six research firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$20.60.

Several equities research analysts have recently weighed in on NFI shares. ATB Capital increased their price target on NFI Group from C$24.00 to C$26.00 and gave the stock an “outperform” rating in a report on Monday, March 17th. BMO Capital Markets cut their price objective on NFI Group from C$14.00 to C$13.00 in a research report on Friday, March 14th. Stifel Nicolaus decreased their target price on NFI Group from C$23.00 to C$22.00 and set a “buy” rating for the company in a research report on Wednesday, June 4th. Finally, CIBC boosted their target price on shares of NFI Group from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research note on Monday, March 17th.

NFI Group Stock Performance

NFI Group stock opened at C$18.60 on Friday. The company has a debt-to-equity ratio of 171.59, a current ratio of 1.71 and a quick ratio of 0.55. The firm has a market capitalization of C$1.54 billion, a P/E ratio of -63.72, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. NFI Group has a 1-year low of C$9.83 and a 1-year high of C$19.55. The company’s 50-day moving average is C$15.05 and its 200 day moving average is C$13.19.

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.