NFI Group (TSE:NFI) Stock Price Expected to Rise, ATB Capital Analyst Says

NFI Group (TSE:NFI) had its price target raised by ATB Capital from C$24.00 to C$26.00 in a report published on Monday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other equities analysts have also recently issued reports about the stock. Cibc World Mkts raised shares of NFI Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 4th. CIBC lifted their price target on shares of NFI Group from C$18.50 to C$21.00 in a research note on Wednesday, December 4th. Finally, BMO Capital Markets dropped their price target on shares of NFI Group from C$14.00 to C$13.00 in a research note on Friday, March 14th. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$20.80.

NFI Group Stock Performance

Shares of TSE NFI opened at C$12.74 on Monday. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.55 and a current ratio of 1.71. The company has a market cap of C$1.06 billion, a P/E ratio of -43.65, a P/E/G ratio of -0.07 and a beta of 1.41. The firm’s fifty day moving average is C$11.97 and its two-hundred day moving average is C$14.75. NFI Group has a 52-week low of C$9.91 and a 52-week 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.