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

Shares of NFI Group Inc. (TSE:NFI) have received an average rating of “Moderate Buy” from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. Two 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 12-month target price among analysts that have covered the stock in the last year is C$22.20.

A number of research firms recently commented on NFI. CIBC lifted their price objective on NFI Group from C$18.50 to C$21.00 in a research report on Wednesday, December 4th. Cibc World Mkts upgraded NFI Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 4th. Finally, BMO Capital Markets lowered NFI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st.

NFI Group Stock Up 0.6 %

Shares of NFI stock opened at C$13.33 on Monday. The stock has a market capitalization of C$1.59 billion, a PE ratio of -30.30, a P/E/G ratio of -0.07 and a beta of 1.41. The firm has a fifty day moving average price of C$14.30. NFI Group has a fifty-two week low of C$10.89 and a fifty-two week high of C$19.55. The company has a current ratio of 1.74, a quick ratio of 0.55 and a debt-to-equity ratio of 164.92.

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.