New Flyer Industries Inc (NFI) PT Raised to C$50.00
New Flyer Industries Inc (TSE:NFI) had its target price increased by equities researchers at Scotiabank from C$49.00 to C$50.00 in a research report issued on Monday. The brokerage presently has an “outperform” rating on the stock. Scotiabank’s price target suggests a potential upside of 24.75% from the company’s current price.
NFI has been the topic of several other reports. CIBC reduced their price objective on shares of New Flyer Industries from C$51.00 to C$50.00 in a report on Tuesday, October 18th. BMO Capital Markets boosted 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. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. New Flyer Industries currently has a consensus rating of “Buy” and a consensus price target of C$46.25.
Shares of New Flyer Industries (TSE:NFI) opened at 40.05 on Monday. The stock has a 50 day moving average of $38.96 and a 200-day moving average of $40.49. The company has a market capitalization of $2.40 billion and a PE ratio of 26.18. New Flyer Industries has a 12-month low of $23.50 and a 12-month high of $44.87.
In other New Flyer Industries news, Director Vincent James Sardo sold 1,500 shares of the business’s stock in a transaction dated Thursday, September 8th. The shares were sold at an average price of C$43.05, for a total transaction of C$64,575.00.
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