NFI Group (OTCMKTS:NFYEF) had its target price boosted by BMO Capital Markets from $23.00 to $42.00 in a research report report published on Wednesday morning, The Fly reports. BMO Capital Markets currently has an outperform rating on the stock.
NFYEF has been the subject of several other reports. TD Securities upgraded shares of NFI Group from a hold rating to a buy rating in a report on Tuesday. National Bank Financial restated an outperform rating on shares of NFI Group in a report on Tuesday. CIBC boosted their target price on shares of NFI Group from $25.00 to $28.00 and gave the stock an outperform rating in a research report on Monday, January 4th. Finally, Scotiabank lifted their target price on shares of NFI Group from $23.00 to $34.00 and gave the stock an outperform rating in a research report on Tuesday. Five research analysts have rated the stock with a buy rating, NFI Group currently has a consensus rating of Buy and a consensus target price of $34.67.
NFYEF stock traded up $0.15 during mid-day trading on Wednesday, reaching $24.77. 9,054 shares of the company’s stock were exchanged, compared to its average volume of 6,194. The stock’s 50 day moving average is $18.47 and its 200 day moving average is $13.96. NFI Group has a 12-month low of $6.38 and a 12-month high of $25.56.
NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, Europe, the Asia Pacific, and internationally. The company operates through two segments, Manufacturing Operations and Aftermarket Operations. It offers heavy-duty transit buses under the New Flyer name; single and double-deck buses under the name Alexander Dennis Limited; motor coaches under Plaxton and MCI names; low-floor cutaway and medium-duty buses under the ARBOC brand; and aftermarket parts under the NFI Parts name.
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