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

NFI Group (TSE:NFI) had its price target upped by CIBC from C$18.50 to C$21.00 in a research note released on Wednesday morning,BayStreet.CA reports.

Several other analysts also recently commented on the stock. BMO Capital Markets downgraded shares of NFI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Stifel Nicolaus upped their price objective on shares of NFI Group from C$18.00 to C$23.00 in a report on Tuesday, August 6th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$22.20.

NFI Group Trading Up 0.6 %

Shares of TSE NFI opened at C$14.35 on Wednesday. The business has a 50 day simple moving average of C$16.48 and a 200 day simple moving average of C$16.87. NFI Group has a 52 week low of C$10.89 and a 52 week high of C$19.55. The stock has a market cap of C$1.71 billion, a price-to-earnings ratio of -32.61, a PEG ratio of -0.07 and a beta of 1.41. The company has a debt-to-equity ratio of 164.92, a quick ratio of 0.55 and a current ratio of 1.74.

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.