NFI Group Inc. (TSE:NFI) Given Average Rating of "Moderate Buy" by Analysts

NFI Group Inc. (TSE:NFI - Get Free Report) has earned a consensus rating of "Moderate Buy" from the seven ratings firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is C$20.60.

A number of equities research analysts have recently issued reports on NFI shares. Cibc World Mkts upgraded shares of NFI Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, December 4th. ATB Capital lifted their price objective on NFI Group from C$22.00 to C$24.00 and gave the stock an "outperform" rating in a research report on Thursday, March 6th. BMO Capital Markets cut their price objective on NFI Group from C$14.00 to C$13.00 in a research report on Friday. Finally, CIBC lifted their price objective on NFI Group from C$18.50 to C$21.00 in a research report on Wednesday, December 4th.

NFI Group Price Performance

Shares of NFI stock traded up C$2.31 during midday trading on Tuesday, reaching C$13.42. 1,066,935 shares of the company traded hands, compared to its average volume of 383,075. The firm's 50 day simple moving average is C$12.10 and its two-hundred day simple moving average is C$14.93. NFI Group has a 1-year low of C$9.91 and a 1-year high of C$19.55. 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 cap of C$1.11 billion, a PE ratio of -45.97, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41.

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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.