NFI Group (TSE:NFI - Get Free Report) had its price target upped by CIBC from C$19.00 to C$20.00 in a report issued on Monday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. CIBC's target price points to a potential upside of 58.98% from the company's previous close.
Several other research analysts also recently commented on NFI. ATB Capital lifted their price target on NFI Group from C$24.00 to C$26.00 and gave the stock an "outperform" rating in a research report on Monday. Cibc World Mkts raised NFI Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, December 4th. Finally, BMO Capital Markets dropped their price target on NFI Group from C$14.00 to C$13.00 in a research report on Friday, March 14th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of C$20.80.
Read Our Latest Stock Report on NFI
NFI Group Stock Performance
TSE NFI traded down C$0.15 during trading on Monday, hitting C$12.58. The company's stock had a trading volume of 54,869 shares, compared to its average volume of 371,912. The company has a quick ratio of 0.55, a current ratio of 1.71 and a debt-to-equity ratio of 171.59. The firm has a 50 day moving average price of C$11.94 and a 200 day moving average price of C$14.71. The firm has a market cap of C$1.04 billion, a P/E ratio of -43.10, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. NFI Group has a 52 week low of C$9.91 and a 52 week 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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