NFI Group Inc. (TSE:NFI) Given Consensus Rating of “Buy” by Analysts

NFI Group Inc. (TSE:NFI) has been given an average recommendation of “Buy” by the seven ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$20.80.

Several brokerages have weighed in on NFI. BMO Capital Markets lowered their target price on NFI Group from C$14.00 to C$13.00 in a report on Friday, March 14th. ATB Capital increased their target price on shares of NFI Group from C$24.00 to C$26.00 and gave the stock an “outperform” rating in a report on Monday, March 17th. Finally, CIBC increased their price objective on shares of NFI Group from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research note on Monday, March 17th.

NFI Group Stock Down 5.6 %

Shares of TSE NFI opened at C$10.55 on Friday. NFI Group has a 52-week low of C$9.91 and a 52-week high of C$19.55. The firm has a market capitalization of C$874.40 million, a price-to-earnings ratio of -36.14, a PEG ratio of -0.07 and a beta of 1.41. The stock has a 50 day moving average price of C$11.58 and a 200 day moving average price of C$14.17. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.55 and a current ratio of 1.71.

NFI Group Company Profile

NFI Group Inc is a Canadian automobile manufacturer. The company organizes itself into two segments: Manufacturing operations, and Aftermarket operations. Manufacturing operations, which represents more than half of the company’s revenue, includes the manufacture of transit buses for public transportation, and motor coaches.