NFI Group Inc. (TSE:NFI) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of NFI Group Inc. (TSE:NFI) have been assigned a consensus rating of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$21.70.

A number of research analysts have recently commented on the company. Stifel Nicolaus raised their price target on NFI Group from C$18.00 to C$23.00 in a report on Tuesday, August 6th. CIBC decreased their target price on shares of NFI Group from C$19.50 to C$18.50 in a research report on Friday, November 8th. Finally, 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.

NFI Group Stock Performance

Shares of NFI opened at C$14.64 on Friday. The firm has a fifty day moving average of C$16.72 and a 200-day moving average of C$16.90. The company has a market cap of C$1.74 billion, a price-to-earnings ratio of -33.27, a price-to-earnings-growth 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 has a 1 year low of C$10.89 and a 1 year high of C$19.55.

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.