NFI Group Inc. (TSE:NFI - Get Free Report)'s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$16.75 and traded as low as C$14.53. NFI Group shares last traded at C$14.59, with a volume of 207,079 shares trading hands.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on NFI. National Bankshares increased their price target on shares of NFI Group from C$21.00 to C$22.00 and gave the company an "outperform" rating in a report on Friday, August 2nd. Stifel Nicolaus lifted their price target on shares of NFI Group from C$18.00 to C$23.00 in a research report on Tuesday, August 6th. Cibc World Mkts upgraded NFI Group from a "strong sell" rating to a "hold" rating in a report on Friday, August 2nd. BMO Capital Markets downgraded NFI Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 31st. Finally, ATB Capital boosted their target price on NFI Group from C$18.00 to C$22.00 and gave the stock an "outperform" rating in a research report on Friday, August 2nd. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$21.70.
View Our Latest Report on NFI Group
NFI Group Trading Down 1.2 %
The business has a 50 day moving average of C$17.36 and a 200-day moving average of C$16.75. The stock has a market cap of C$1.74 billion, a PE ratio of -33.16, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. The company has a current ratio of 1.74, a quick ratio of 0.55 and a debt-to-equity ratio of 164.92.
NFI Group Company Profile
(
Get Free Report)
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.
Further Reading
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 "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.