NFI Group (TSE:NFI - Get Free Report) had its price target lowered by stock analysts at BMO Capital Markets from C$14.00 to C$13.00 in a research note issued to investors on Friday,BayStreet.CA reports. BMO Capital Markets' price target would indicate a potential upside of 1.64% from the stock's previous close.
Several other equities analysts have also recently weighed in on NFI. ATB Capital raised their price target 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. CIBC raised their price target on NFI Group from C$18.50 to C$21.00 in a report on Wednesday, December 4th. Finally, Cibc World Mkts upgraded NFI Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, December 4th. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of C$20.80.
Check Out Our Latest Report on NFI
NFI Group Price Performance
TSE NFI traded down C$0.17 during trading on Friday, hitting C$12.79. 260,119 shares of the stock traded hands, compared to its average volume of 383,052. The company has a market capitalization of C$1.06 billion, a P/E ratio of -43.82, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. The firm has a 50-day simple moving average of C$12.00 and a 200-day simple moving average of C$14.77. The company has a quick ratio of 0.55, a current ratio of 1.71 and a debt-to-equity ratio of 171.59. NFI Group has a 12-month low of C$9.91 and a 12-month high of C$19.55.
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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