Analysts Set NFI Group Inc. (TSE:NFI) PT at C$21.67

NFI Group Inc. (TSE:NFI) has been assigned a consensus recommendation of “Buy” from the six research firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$21.67.

A number of brokerages recently issued reports on NFI. Scotiabank lowered their price target on NFI Group from C$23.00 to C$22.00 in a report on Monday, September 29th. BMO Capital Markets lowered their target price on NFI Group from C$18.00 to C$17.00 in a report on Monday, December 8th. National Bankshares dropped their price target on NFI Group from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a research report on Monday, September 29th. Finally, CIBC cut their price target on NFI Group from C$23.00 to C$20.00 and set an “outperform” rating on the stock in a research note on Monday, September 29th.

NFI Group Trading Down 0.6%

TSE NFI opened at C$15.79 on Friday. The stock has a market cap of C$1.88 billion, a PE ratio of -6.48, a PEG ratio of -0.07 and a beta of 0.65. NFI Group has a 12 month low of C$9.83 and a 12 month high of C$19.90. The company’s 50-day moving average price is C$13.90 and its 200-day moving average price is C$16.33. 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 (TSE:NFI) last released its quarterly earnings data on Thursday, November 6th. The company reported C$0.10 earnings per share (EPS) for the quarter. NFI Group had a negative net margin of 0.79% and a negative return on equity of 3.45%. Equities research analysts forecast that NFI Group will post 1.2814107 earnings per share for the current year.

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. Aftermarket operations include spare parts and servicing related to transit buses and motor coaches.