NFI Group (TSE:NFI - Free Report) had its price objective boosted 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.
Other equities analysts have also issued research reports about the company. Cibc World Mkts upgraded NFI Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, December 4th. CIBC increased their price target on NFI Group from C$18.50 to C$21.00 in a research report on Wednesday, December 4th. Finally, BMO Capital Markets decreased their price target on NFI Group from C$14.00 to C$13.00 in a research report on Friday, March 14th. One equities research 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. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of C$20.80.
View Our Latest Stock Report on NFI Group
NFI Group Trading Down 1.2 %
Shares of TSE:NFI traded down C$0.15 during midday trading on Monday, reaching C$12.58. The company had a trading volume of 54,869 shares, compared to its average volume of 371,912. 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 1-year low of C$9.91 and a 1-year high of C$19.55. The firm has a market cap of C$1.04 billion, a price-to-earnings ratio of -43.10, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. The company has a fifty day simple moving average of C$11.94 and a two-hundred day simple moving average of C$14.71.
About NFI Group
(
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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.
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