NFI Group Inc. (TSE:NFI) Receives C$22.14 Consensus PT from Analysts

Shares of NFI Group Inc. (TSE:NFI) have been given an average rating of “Buy” by the seven brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$22.14.

Several equities research analysts recently weighed in on NFI shares. National Bank Financial decreased their price target on NFI Group from C$28.00 to C$22.00 and set an “outperform” rating for the company in a report on Tuesday, February 3rd. TD Securities raised shares of NFI Group to a “strong-buy” rating in a research note on Friday, January 30th. Finally, BMO Capital Markets cut their price objective on shares of NFI Group from C$18.00 to C$17.00 in a research report on Monday, December 8th.

NFI Group Stock Down 2.7%

NFI Group stock opened at C$16.47 on Friday. NFI Group has a twelve month low of C$9.83 and a twelve month high of C$19.90. The stock has a 50 day moving average of C$16.94 and a two-hundred day moving average of C$15.90. The company has a current ratio of 1.42, a quick ratio of 0.55 and a debt-to-equity ratio of 306.77. The stock has a market capitalization of C$1.96 billion, a price-to-earnings ratio of -6.76, a PEG ratio of -0.07 and a beta of 0.22.

Insider Transactions at NFI Group

In other NFI Group news, insider Brian Keith Dewsnup acquired 4,100 shares of the stock in a transaction on Friday, December 26th. The shares were bought at an average price of C$16.14 per share, with a total value of C$66,174.00. Following the acquisition, the insider owned 69,010 shares of the company’s stock, valued at C$1,113,821.40. This trade represents a 6.32% increase in their ownership of the stock. Also, Director Colin Robertson bought 10,000 shares of the company’s stock in a transaction on Wednesday, December 24th. The shares were acquired at an average price of C$15.97 per share, for a total transaction of C$159,700.00. Following the transaction, the director directly owned 56,217 shares in the company, valued at C$897,785.49. This trade represents a 21.64% increase in their position. Over the last quarter, insiders have bought 15,640 shares of company stock worth $250,305. Company insiders own 0.62% of the company’s stock.

About NFI Group

Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation. With over 9,000 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motorcoaches), Alexander Dennis Limited (single- and double-deck buses), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts¿.