NFI Group (TSE:NFI – Free Report) had its target price lifted by National Bankshares from C$21.00 to C$22.00 in a research note published on Friday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.
A number of other research firms have also issued reports on NFI. Stifel Canada raised shares of NFI Group from a hold rating to a buy rating in a research report on Monday, May 6th. BMO Capital Markets raised their price objective on shares of NFI Group from C$15.00 to C$23.00 and gave the stock an outperform rating in a research note on Friday. CIBC raised shares of NFI Group from an underperform rating to a neutral rating and raised their price objective for the stock from C$12.50 to C$20.00 in a research note on Friday. Stifel Nicolaus raised shares of NFI Group from a hold rating to a buy rating and raised their price objective for the stock from C$15.00 to C$18.00 in a research note on Monday, May 6th. Finally, ATB Capital raised their price objective on shares of NFI Group from C$18.00 to C$22.00 and gave the stock an outperform rating in a research note on Friday. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, NFI Group has an average rating of Moderate Buy and a consensus price target of C$21.00.
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NFI Group Stock Performance
NFI Group (TSE:NFI – Get Free Report) last announced 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). The firm had revenue of C$974.37 million during the quarter, compared to analyst estimates of C$955.13 million. NFI Group had a negative net margin of 3.45% and a negative return on equity of 16.18%. Sell-side analysts expect that NFI Group will post 0.2184143 EPS for the current year.
NFI Group Company Profile
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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