NFI Group (TSE:NFI – Free Report) had its price objective decreased by BMO Capital Markets from C$20.00 to C$18.00 in a report published on Monday,BayStreet.CA reports.
A number of other analysts have also recently commented on the company. CIBC lowered their price target on NFI Group from C$23.00 to C$20.00 and set an “outperform” rating for the company in a research note on Monday, September 29th. Scotiabank lowered their price objective on shares of NFI Group from C$23.00 to C$22.00 in a report on Monday, September 29th. Stifel Nicolaus increased their price objective on NFI Group from C$22.00 to C$23.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. Finally, National Bankshares lowered their target price on shares of NFI Group from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$21.83.
Read Our Latest Stock Report on NFI Group
NFI Group Stock Up 1.0%
Shares of TSE NFI opened at C$13.57 on Monday. The firm’s 50-day moving average is C$15.61 and its 200-day moving average is C$16.39. The company has a current ratio of 1.71, a quick ratio of 0.55 and a debt-to-equity ratio of 171.59. NFI Group has a 1 year low of C$9.83 and a 1 year high of C$19.90. The firm has a market capitalization of C$1.62 billion, a PE ratio of -5.57, a price-to-earnings-growth ratio of -0.07 and a beta of 0.76.
About NFI Group
NFI Group Inc is a Canadian automobile manufacturer. The company organizes itself into two segments: Manufacturing operations, and Aftermarket operations. Manufacturing operations, which represents more than half of the company’s revenue, includes the manufacture of transit buses for public transportation, and motor coaches.
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ABMN Staff
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