NFI Group Inc. (TSE:NFI – Get Free Report) has been given a consensus rating of “Moderate Buy” by the eight brokerages that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$22.00.
Several analysts recently weighed in on the company. ATB Capital lifted their price target on NFI Group from C$18.00 to C$22.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. National Bankshares lifted their price objective on NFI Group from C$21.00 to C$22.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Stifel Nicolaus lifted their price objective on NFI Group from C$18.00 to C$23.00 in a report on Tuesday, August 6th. CIBC raised NFI Group from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from C$12.50 to C$20.00 in a report on Friday, August 2nd. Finally, Cibc World Mkts upgraded shares of NFI Group from a “strong sell” rating to a “hold” rating in a research report on Friday, August 2nd.
Get Our Latest Stock Report on NFI Group
NFI Group Stock Performance
NFI Group (TSE:NFI – Get Free Report) last issued its earnings results on Wednesday, July 31st. The company reported C$0.04 EPS for the quarter, topping the consensus estimate of C$0.02 by C$0.02. The company had revenue of C$1.16 billion during the quarter, compared to the consensus estimate of C$1.15 billion. NFI Group had a negative return on equity of 8.17% and a negative net margin of 1.59%. As a group, equities research analysts predict that NFI Group will post 1.2814107 EPS for the current year.
Insider Transactions at NFI Group
In other NFI Group news, Senior Officer Jason Michael Pellaers sold 2,145 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of C$18.78, for a total value of C$40,283.10. Company insiders own 0.62% 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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