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

Shares of NFI Group Inc. (TSE:NFI - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the eight analysts that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating 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$22.00.

NFI has been the subject of a number of research analyst reports. Cibc World Mkts raised shares of NFI Group from a "strong sell" rating to a "hold" rating in a research note on Friday, August 2nd. BMO Capital Markets lowered shares of NFI Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 31st. CIBC raised shares of NFI Group from an "underperform" rating to a "neutral" rating and upped their target price for the stock from C$12.50 to C$20.00 in a research note on Friday, August 2nd. ATB Capital upped their target price on shares of NFI Group from C$18.00 to C$22.00 and gave the stock an "outperform" rating in a research note on Friday, August 2nd. Finally, National Bankshares increased their price objective on shares of NFI Group from C$21.00 to C$22.00 and gave the stock an "outperform" rating in a research note on Friday, August 2nd.

NFI Group Trading Up 1.2 %

Shares of NFI traded up C$0.19 during trading hours on Wednesday, reaching C$16.59. The stock had a trading volume of 175,606 shares, compared to its average volume of 227,832. The company has a quick ratio of 0.55, a current ratio of 1.74 and a debt-to-equity ratio of 164.92. NFI Group has a 52 week low of C$10.89 and a 52 week high of C$19.55. The firm has a 50-day moving average of C$17.92 and a 200 day moving average of C$16.50. The company has a market cap of C$1.97 billion, a P/E ratio of -37.27, a P/E/G ratio of -0.07 and a beta of 1.41.

About NFI Group

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.