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

NFI Group Inc. (TSE:NFI) has been assigned an average recommendation of “Buy” from the seven ratings firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$20.80.

NFI has been the subject of several research reports. ATB Capital increased their price target on shares of NFI Group from C$24.00 to C$26.00 and gave the company an “outperform” rating in a research report on Monday. BMO Capital Markets reduced their price target on shares of NFI Group from C$14.00 to C$13.00 in a research report on Friday. Cibc World Mkts upgraded shares of NFI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 4th. Finally, CIBC increased their price target on shares of NFI Group from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research report on Monday.

NFI Group Price Performance

Shares of NFI stock opened at C$12.96 on Tuesday. The firm has a 50-day moving average price of C$12.04. The stock has a market capitalization of C$1.07 billion, a P/E ratio of -44.40, a P/E/G ratio of -0.07 and a beta of 1.41. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.55 and a current ratio of 1.71. NFI Group has a one year low of C$9.91 and a one year high of C$19.55.

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.