NFI Group (TSE:NFI) PT Lowered to C$51.00 at TD Securities

NFI Group (TSE:NFI) had its target price decreased by TD Securities from C$60.00 to C$51.00 in a research report released on Thursday, November 8th.

A number of other research firms have also commented on NFI. BMO Capital Markets raised their price objective on NFI Group from C$55.00 to C$56.00 in a research note on Thursday, August 9th. National Bank Financial lowered their price objective on NFI Group from C$62.00 to C$59.00 and set an outperform rating on the stock in a research note on Tuesday, October 16th. Finally, CIBC lowered their price objective on NFI Group from C$66.00 to C$62.00 in a research note on Tuesday, October 16th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of C$54.40.

NFI Group stock traded down C$0.44 during mid-day trading on Thursday, reaching C$37.36. 448,322 shares of the company were exchanged, compared to its average volume of 214,746. NFI Group has a 12 month low of C$35.89 and a 12 month high of C$61.25. The company has a debt-to-equity ratio of 79.33, a quick ratio of 0.98 and a current ratio of 1.95.

About NFI Group

NFI Group Inc, together with its subsidiaries, manufactures heavy-duty transit buses, medium-duty buses, low-floor cutaway buses, and motor coaches in the United States and Canada. It operates through two segments, Transit Bus and Motor Coach Manufacturing Operations; and Aftermarket Operations. The Transit Bus and Motor Coach Manufacturing Operations segment designs, manufactures, and sells heavy-duty transit buses, motor coaches, medium-duty buses and cutaways.

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Analyst Recommendations for NFI Group (TSE:NFI)

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