New Flyer Industries Inc (TSE:NFI) Receives C$41.60 Consensus Target Price from Brokerages
New Flyer Industries Inc (TSE:NFI) has been assigned a consensus rating of “Buy” from the six brokerages that are covering the company. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is C$41.60.
NFI has been the subject of several research analyst reports. CIBC increased their price objective on New Flyer Industries from C$50.00 to C$51.00 in a report on Friday, August 12th. BMO Capital Markets upped their price target on New Flyer Industries from C$45.00 to C$47.00 and gave the stock a “market perform” rating in a research note on Friday, August 12th. Scotiabank restated an “outperform” rating and set a C$50.00 price target on shares of New Flyer Industries in a research note on Friday, September 23rd. Finally, National Bank Financial upped their price target on New Flyer Industries from C$34.00 to C$38.00 and gave the stock an “outperform” rating in a research note on Friday, June 24th.
Shares of New Flyer Industries (TSE:NFI) opened at 40.24 on Friday. New Flyer Industries has a 1-year low of $18.04 and a 1-year high of $44.87. The company has a 50-day moving average of $41.97 and a 200-day moving average of $39.85. The firm has a market cap of $2.41 billion and a PE ratio of 26.34.
In other New Flyer Industries news, Director Vincent James Sardo sold 1,500 shares of the stock in a transaction on Thursday, September 8th. The stock was sold at an average price of C$43.05, for a total value of C$64,575.00.
New Flyer Industries Company Profile
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