NFI Group (TSE:NFI) Upgraded at Cibc World Mkts

Cibc World Mkts upgraded shares of NFI Group (TSE:NFI) from a hold rating to a strong-buy rating in a research note published on Wednesday,Zacks.com reports.

NFI has been the topic of several other reports. Stifel Nicolaus upped their price objective on NFI Group from C$18.00 to C$23.00 in a research note on Tuesday, August 6th. BMO Capital Markets downgraded shares of NFI Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Finally, CIBC upped their target price on shares of NFI Group from C$18.50 to C$21.00 in a report on Wednesday. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, NFI Group currently has a consensus rating of “Moderate Buy” and an average price target of C$22.20.

NFI Group Trading Down 0.9 %

Shares of NFI Group stock opened at C$13.94 on Wednesday. The company has a debt-to-equity ratio of 164.92, a current ratio of 1.74 and a quick ratio of 0.55. The company’s fifty day moving average price is C$16.29 and its two-hundred day moving average price is C$16.84. NFI Group has a 52-week low of C$10.89 and a 52-week high of C$19.55. The firm has a market capitalization of C$1.66 billion, a PE ratio of -31.68, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41.

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.