NFI Group Inc. (TSE:NFI) Given Consensus Recommendation of "Moderate Buy" by Brokerages

NFI Group Inc. (TSE:NFI - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the seven analysts that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is C$22.20.

A number of equities research analysts recently issued reports on 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. BMO Capital Markets cut NFI Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 31st. Finally, CIBC boosted their price objective on NFI Group from C$18.50 to C$21.00 in a report on Wednesday, December 4th.

NFI Group Price Performance

TSE:NFI traded up C$1.57 during trading hours on Friday, hitting C$11.64. The stock had a trading volume of 1,244,613 shares, compared to its average volume of 347,461. The business's 50 day moving average price is C$13.03. The stock has a market cap of C$964.74 million, a price-to-earnings ratio of -39.88, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. The company has a debt-to-equity ratio of 171.59, a current ratio of 1.71 and a quick ratio of 0.55. NFI Group has a one year low of C$9.91 and a one year high of C$19.55.

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.