NFI Group (TSE:NFI - Get Free Report) was upgraded by research analysts at Cibc World Mkts from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Wednesday,Zacks.com reports.
Several other research analysts have also recently commented on NFI. CIBC raised their target price on shares of NFI Group from C$18.50 to C$21.00 in a report on Wednesday. BMO Capital Markets downgraded NFI Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 31st. Finally, Stifel Nicolaus lifted their price objective on NFI Group from C$18.00 to C$23.00 in a report on Tuesday, August 6th. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of C$22.20.
Check Out Our Latest Stock Report on NFI Group
NFI Group Stock Performance
Shares of NFI stock traded down C$0.13 on Wednesday, hitting C$13.94. The company's stock had a trading volume of 221,264 shares, compared to its average volume of 244,702. NFI Group has a fifty-two week low of C$10.89 and a fifty-two week high of C$19.55. The company has a market capitalization of C$1.66 billion, a PE ratio of -31.68, a PEG ratio of -0.07 and a beta of 1.41. The stock's 50 day moving average is C$16.29 and its 200-day moving average is C$16.84. The company has a debt-to-equity ratio of 164.92, a quick ratio of 0.55 and a current ratio of 1.74.
NFI Group Company Profile
(
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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.
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