Brokerages Set NFI Group Inc. (TSE:NFI) PT at C$22.20

Shares of NFI Group Inc. (TSE:NFI) have been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$22.20.

A number of analysts have recently weighed in on NFI shares. CIBC raised their price target on shares of NFI Group from C$18.50 to C$21.00 in a report on Wednesday, December 4th. BMO Capital Markets downgraded shares of NFI Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Finally, Cibc World Mkts raised NFI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 4th.

NFI Group Trading Down 1.0 %

Shares of TSE NFI opened at C$11.16 on Friday. NFI Group has a 1-year low of C$9.91 and a 1-year high of C$19.55. The business has a fifty day moving average price of C$12.87 and a 200 day moving average price of C$15.69. The stock has a market capitalization of C$924.96 million, a P/E ratio of -38.23, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. The company has a debt-to-equity ratio of 171.59, a current ratio of 1.71 and a quick ratio of 0.55.

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.