NFI Group Inc. (TSE:NFI) Receives Average Rating of “Buy” from Analysts

Shares of NFI Group Inc. (TSE:NFI) have earned an average recommendation of “Buy” from the seven research firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is C$20.80.

NFI has been the topic of several research reports. CIBC upped their price objective on shares of NFI Group from C$19.00 to C$20.00 and gave the stock an “outperform” rating in a report on Monday. Cibc World Mkts upgraded shares of NFI Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 4th. ATB Capital upped their price objective 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. Finally, BMO Capital Markets lowered their price objective on shares of NFI Group from C$14.00 to C$13.00 in a report on Friday.

NFI Group Stock Down 3.4 %

Shares of TSE NFI opened at C$12.96 on Tuesday. The company has a market capitalization of C$1.07 billion, a price-to-earnings ratio of -44.40, a PEG ratio of -0.07 and a beta of 1.41. NFI Group has a 12-month low of C$9.91 and a 12-month high of C$19.55. The business’s fifty day moving average is C$12.04. 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.