Several other research analysts also recently commented on the stock. CIBC increased their price objective on shares of New Flyer Industries from C$50.00 to C$51.00 in a report on Friday, August 12th. BMO Capital Markets increased their price objective on shares of New Flyer Industries from C$45.00 to C$47.00 and gave the company a market perform rating in a report on Friday, August 12th. Finally, National Bank Financial increased their price objective on shares of New Flyer Industries from C$34.00 to C$38.00 and gave the company an outperform rating in a report on Friday, June 24th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. New Flyer Industries currently has an average rating of Buy and a consensus price target of C$41.60.
Shares of New Flyer Industries (TSE:NFI) opened at 41.00 on Friday. New Flyer Industries has a 52 week low of $18.04 and a 52 week high of $44.87. The company has a market cap of $2.45 billion and a price-to-earnings ratio of 26.83. The firm’s 50-day moving average price is $42.74 and its 200 day moving average price is $39.45.
In related news, Director Vincent James Sardo sold 1,500 shares of the stock in a transaction dated Thursday, September 8th. The shares were sold at an average price of C$43.05, for a total value of C$64,575.00.
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