NFI Group Inc. (TSE:NFI – Get Free Report)’s share price hit a new 52-week high on Thursday . The stock traded as high as C$19.30 and last traded at C$19.05, with a volume of 159360 shares. The stock had previously closed at C$18.75.
Wall Street Analyst Weigh In
Several equities analysts have commented on NFI shares. Stifel Canada raised shares of NFI Group from a “hold” rating to a “buy” rating in a report on Monday, May 6th. National Bankshares lifted their price target on shares of NFI Group from C$21.00 to C$22.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Cibc World Mkts raised shares of NFI Group from a “strong sell” rating to a “hold” rating in a report on Friday, August 2nd. BMO Capital Markets lifted their price target on shares of NFI Group from C$15.00 to C$23.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Finally, ATB Capital lifted their price target on shares of NFI Group from C$18.00 to C$22.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$22.00.
Get Our Latest Stock Report on NFI
NFI Group Stock Down 0.8 %
Insiders Place Their Bets
In other NFI Group news, Senior Officer Jason Michael Pellaers sold 2,145 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of C$18.78, for a total transaction of C$40,283.10. Corporate insiders own 0.65% of the company’s stock.
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.
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