NFI Group (TSE:NFI) Price Target Lowered to C$13.00 at BMO Capital Markets

NFI Group (TSE:NFI) had its price target decreased by BMO Capital Markets from C$14.00 to C$13.00 in a report issued on Friday,BayStreet.CA reports.

A number of other equities analysts have also issued reports on the stock. Cibc World Mkts raised shares of NFI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 4th. ATB Capital lifted their target price on shares of NFI Group from C$22.00 to C$24.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. Finally, CIBC lifted their target price on shares of NFI Group from C$18.50 to C$21.00 in a report on Wednesday, December 4th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, NFI Group presently has an average rating of “Moderate Buy” and an average target price of C$20.60.

NFI Group Stock Performance

NFI opened at C$13.42 on Friday. NFI Group has a 12-month low of C$9.91 and a 12-month high of C$19.55. The company has a current ratio of 1.71, a quick ratio of 0.55 and a debt-to-equity ratio of 171.59. The firm has a market capitalization of C$1.11 billion, a PE ratio of -45.97, a P/E/G ratio of -0.07 and a beta of 1.41. The firm has a 50 day moving average of C$12.08 and a two-hundred day moving average of C$14.89.

NFI Group Company Profile

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.