Free Trial

CIBC Issues Positive Forecast for NFI Group (TSE:NFI) Stock Price

NFI Group logo with Consumer Cyclical background
Remove Ads

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.

Remove Ads

About NFI Group

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for NFI Group (TSE:NFI)

Should You Invest $1,000 in NFI Group Right Now?

Before you consider NFI Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NFI Group wasn't on the list.

While NFI Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Top Nuclear Stocks To Buy Now Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Donald Trump Owns These 7 Stocks, Should You?
 5 Stocks to BUY NOW in April 2025
3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads