New Flyer Industries (NFI) PT Raised to C$66.00 at CIBC

New Flyer Industries (TSE:NFI) had its target price upped by CIBC from C$65.00 to C$66.00 in a research report sent to investors on Friday morning.

NFI has been the subject of several other reports. Scotiabank upped their target price on shares of New Flyer Industries from C$60.00 to C$63.00 and gave the company an outperform rating in a research note on Friday, January 12th. TD Securities upped their target price on shares of New Flyer Industries from C$61.00 to C$62.00 in a research note on Monday, December 4th. National Bank Financial cut shares of New Flyer Industries from an outperform rating to a sector perform rating and cut their target price for the company from C$62.00 to C$61.00 in a research note on Tuesday, February 13th. Finally, BMO Capital Markets upped their target price on shares of New Flyer Industries from C$57.00 to C$67.00 and gave the company a market perform rating in a research note on Friday. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. New Flyer Industries currently has an average rating of Buy and a consensus price target of C$66.40.

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New Flyer Industries (TSE NFI) opened at C$59.12 on Friday. The company has a market cap of $3,650.00, a price-to-earnings ratio of 18.77 and a beta of 0.18. New Flyer Industries has a one year low of C$46.34 and a one year high of C$61.25.

New Flyer Industries (TSE:NFI) last released its earnings results on Wednesday, March 21st. The company reported C$1.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.87 by C$0.67. The company had revenue of C$831.39 million for the quarter, compared to analyst estimates of C$814.00 million.

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New Flyer Industries Company Profile

New Flyer Industries Inc manufactures and sells transit buses and motor coaches in the United States and Canada. It operates through two segments, Transit Bus and Coach Manufacturing Operations, and Aftermarket Operations. The company also distributes parts with fabrication, manufacturing, distribution, and service centers.

Analyst Recommendations for New Flyer Industries (TSE:NFI)

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