NFI Group (TSE:NFI) Given New C$26.00 Price Target at ATB Capital

NFI Group (TSE:NFI) had its price target lifted by ATB Capital from C$24.00 to C$26.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. ATB Capital’s price objective indicates a potential upside of 103.28% from the stock’s current price.

A number of other equities research analysts also recently commented on NFI. Cibc World Mkts raised shares of NFI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 4th. CIBC increased their target price on shares of NFI Group from C$18.50 to C$21.00 in a research report on Wednesday, December 4th. Finally, BMO Capital Markets dropped their target price on shares of NFI Group from C$14.00 to C$13.00 in a research report on Friday, March 14th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of C$20.80.

NFI Group Trading Down 1.3 %

Shares of TSE:NFI opened at C$12.79 on Monday. NFI Group has a 52 week low of C$9.91 and a 52 week high of C$19.55. The company’s 50 day moving average is C$12.00 and its two-hundred day moving average is C$14.77. The company has a current ratio of 1.71, a quick ratio of 0.55 and a debt-to-equity ratio of 171.59. The company has a market cap of C$1.06 billion, a PE ratio of -43.82, a P/E/G ratio of -0.07 and a beta of 1.41.

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.