NFI Group Inc. (TSE:NFI) Given Average Recommendation of “Moderate Buy” by Analysts

NFI Group Inc. (TSE:NFI) has been given a consensus rating of “Moderate Buy” by the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$22.20.

NFI has been the subject of a number of analyst reports. CIBC lifted their price target on NFI Group from C$18.50 to C$21.00 in a research note on Wednesday, December 4th. BMO Capital Markets downgraded NFI Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Finally, Cibc World Mkts raised shares of NFI Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 4th.

NFI Group Trading Up 0.3 %

Shares of NFI stock opened at C$13.34 on Monday. The company has a debt-to-equity ratio of 164.92, a quick ratio of 0.55 and a current ratio of 1.74. 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 market cap of C$1.59 billion, a PE ratio of -30.32, a P/E/G ratio of -0.07 and a beta of 1.41. The stock’s fifty day moving average price is C$14.06 and its two-hundred day moving average price is C$16.38.

NFI Group (TSE:NFI) last announced its earnings results on Wednesday, November 6th. The company reported C($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.05 by C($0.10). NFI Group had a negative return on equity of 8.17% and a negative net margin of 1.59%. Equities analysts predict that NFI Group will post 1.2814107 EPS for the current fiscal 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.