NFI Group Inc. (TSE:NFI) Receives Average Rating of "Moderate Buy" from Analysts

Shares of NFI Group Inc. (TSE:NFI - Get Free Report) have been assigned an average rating of "Moderate Buy" from the seven analysts that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$21.70.

NFI has been the subject of several recent research reports. BMO Capital Markets cut NFI Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 31st. Stifel Nicolaus upped their target price on NFI Group from C$18.00 to C$23.00 in a research report on Tuesday, August 6th. Finally, CIBC reduced their target price on NFI Group from C$19.50 to C$18.50 in a report on Friday, November 8th.

NFI Group Stock Performance

TSE NFI traded up C$0.18 during trading on Friday, reaching C$14.64. The company's stock had a trading volume of 221,688 shares, compared to its average volume of 241,243. The firm has a 50 day moving average price of C$16.72 and a 200 day moving average price of C$16.90. NFI Group has a 12 month low of C$10.89 and a 12 month high of C$19.55. The firm has a market capitalization of C$1.74 billion, a price-to-earnings ratio of -33.27, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. The company has a current ratio of 1.74, a quick ratio of 0.55 and a debt-to-equity ratio of 164.92.

NFI Group Company Profile

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.