NFI Group (TSE:NFI) Given New C$21.00 Price Target at National Bankshares

NFI Group (TSE:NFI) had its price target increased by National Bankshares from C$19.00 to C$21.00 in a research report report published on Friday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Several other research analysts have also commented on the stock. CIBC raised their price objective on shares of NFI Group from C$12.00 to C$12.50 and gave the company an underperform rating in a research note on Tuesday, May 7th. Stifel Canada raised shares of NFI Group from a hold rating to a buy rating in a research note on Monday, May 6th. BMO Capital Markets lowered their price objective on shares of NFI Group from C$17.00 to C$15.00 and set an outperform rating for the company in a research note on Friday, March 1st. Stifel Nicolaus raised shares of NFI Group from a hold rating to a buy rating and raised their target price for the company from C$15.00 to C$18.00 in a report on Monday, May 6th. Finally, ATB Capital raised their target price on shares of NFI Group from C$17.00 to C$18.00 and gave the company an outperform rating in a report on Monday, May 6th. One equities research analyst has rated the stock with a sell rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and a consensus target price of C$19.67.

NFI Group Trading Up 1.4 %

Shares of NFI stock opened at C$15.84 on Friday. The company has a debt-to-equity ratio of 165.99, a current ratio of 1.81 and a quick ratio of 0.55. The firm has a market cap of C$1.88 billion, a PE ratio of -12.09, a price-to-earnings-growth ratio of -0.07 and a beta of 1.38. The company has a 50-day moving average of C$14.77 and a two-hundred day moving average of C$13.29. NFI Group has a 1-year low of C$10.40 and a 1-year high of C$16.87.

NFI Group (TSE:NFI) last posted its quarterly earnings data on Thursday, May 2nd. The company reported C($0.18) EPS for the quarter, meeting the consensus estimate of C($0.18). NFI Group had a negative net margin of 3.45% and a negative return on equity of 16.18%. The business had revenue of C$974.37 million during the quarter, compared to analyst estimates of C$955.13 million. On average, analysts predict that NFI Group will post 0.2184143 EPS for the current year.

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.