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

NFI Group Inc. (TSE:NFI) has received an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is C$21.00.

Several analysts have commented on the company. ATB Capital upped their price objective on NFI Group from C$18.00 to C$22.00 and gave the company an “outperform” rating in a research note on Friday. National Bankshares lifted their price objective on shares of NFI Group from C$21.00 to C$22.00 and gave the company an “outperform” rating in a research report on Friday. BMO Capital Markets upped their price objective on shares of NFI Group from C$15.00 to C$23.00 and gave the stock an “outperform” rating in a research report on Friday. CIBC raised shares of NFI Group from an “underperform” rating to a “neutral” rating and lifted their target price for the company from C$12.50 to C$20.00 in a report on Friday. Finally, Stifel Nicolaus raised shares of NFI Group from a “hold” rating to a “buy” rating and increased their price target for the stock from C$15.00 to C$18.00 in a report on Monday, May 6th.

NFI Group Trading Down 1.2 %

NFI opened at C$18.85 on Monday. The firm has a market cap of C$2.24 billion, a price-to-earnings ratio of -14.39, a price-to-earnings-growth ratio of -0.07 and a beta of 1.38. NFI Group has a 52 week low of C$10.85 and a 52 week high of C$19.30. The business’s 50 day moving average is C$16.24 and its two-hundred day moving average is C$13.79. The company has a quick ratio of 0.55, a current ratio of 1.81 and a debt-to-equity ratio of 165.99.

NFI Group (TSE:NFI) last released its quarterly earnings results on Thursday, May 2nd. The company reported C($0.18) EPS for the quarter, meeting the consensus estimate of C($0.18). NFI Group had a negative net margin of 3.45% and a negative return on equity of 16.18%. The firm had revenue of C$974.37 million during the quarter, compared to the consensus estimate of C$955.13 million. On average, research analysts predict that NFI Group will post 0.2184143 EPS for the current year.

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.