Brokerages Set NFI Group Inc. (TSE:NFI) PT at C$22.20

NFI Group Inc. (TSE:NFI) has been given a consensus rating of “Moderate Buy” by the seven research firms that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$22.20.

Several equities research analysts recently weighed in on NFI shares. CIBC upped their target price on shares of NFI Group from C$18.50 to C$21.00 in a research note on Wednesday, December 4th. BMO Capital Markets lowered NFI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Finally, Cibc World Mkts upgraded NFI Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 4th.

NFI Group Stock Performance

TSE NFI opened at C$13.76 on Thursday. 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 has a market cap of C$1.64 billion, a P/E ratio of -31.27, a P/E/G ratio of -0.07 and a beta of 1.41. The stock has a 50-day moving average of C$15.11 and a two-hundred day moving average of C$16.68. NFI Group has a 1-year low of C$10.89 and a 1-year high of C$19.55.

About NFI Group

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.