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

Shares of NFI Group Inc. (TSE:NFI) have earned a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$22.20.

A number of equities analysts have issued reports on NFI shares. Cibc World Mkts raised shares of NFI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 4th. BMO Capital Markets cut shares of NFI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Finally, CIBC boosted their price target on shares of NFI Group from C$18.50 to C$21.00 in a research note on Wednesday, December 4th.

NFI Group Stock Up 0.6 %

Shares of NFI Group stock opened at C$13.33 on Monday. The stock has a market cap of C$1.59 billion, a price-to-earnings ratio of -30.30, a P/E/G ratio of -0.07 and a beta of 1.41. The company has a quick ratio of 0.55, a current ratio of 1.74 and a debt-to-equity ratio of 164.92. The firm has a 50 day moving average of C$14.30. NFI Group has a 52 week low of C$10.89 and a 52 week 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.