NFI Group (TSE:NFI) had its price target trimmed by TD Securities from C$37.00 to C$34.00 in a research report report published on Wednesday morning, BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

Other equities research analysts also recently issued research reports about the company. Scotiabank reaffirmed a buy rating and issued a C$50.00 target price on shares of NFI Group in a research report on Sunday, April 21st. BMO Capital Markets reaffirmed a market perform rating and issued a C$36.00 target price on shares of NFI Group in a research report on Tuesday, June 18th. CIBC reduced their price target on NFI Group from C$45.00 to C$41.00 in a report on Wednesday. Finally, National Bank Financial increased their price target on NFI Group from C$41.00 to C$43.00 and gave the company an outperform rating in a report on Wednesday, May 29th.

Shares of TSE NFI opened at C$31.00 on Wednesday. NFI Group has a 1-year low of C$28.47 and a 1-year high of C$52.48. The stock has a 50-day moving average of C$36.46. The company has a debt-to-equity ratio of 103.69, a current ratio of 1.99 and a quick ratio of 0.87. The stock has a market capitalization of $2.01 billion and a P/E ratio of 13.25.

NFI Group (TSE:NFI) last issued its earnings results on Wednesday, May 8th. The company reported C$0.35 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.60 by C($0.25). The firm had revenue of C$753.87 million during the quarter, compared to the consensus estimate of C$748.93 million. Sell-side analysts expect that NFI Group will post 2.7499999 earnings per share for the current fiscal year.

In other NFI Group news, Director Larry Dean Edwards purchased 5,000 shares of NFI Group stock in a transaction that occurred on Friday, May 31st. The stock was purchased at an average price of C$33.51 per share, with a total value of C$167,574.00. Following the completion of the acquisition, the director now owns 10,000 shares of the company’s stock, valued at approximately C$335,148.

About NFI Group

NFI Group Inc, together with its subsidiaries, manufactures heavy-duty transit buses, medium-duty buses, low-floor cutaway buses, and motor coaches in the United States and Canada. It operates through two segments, Transit Bus and Motor Coach Manufacturing Operations; and Aftermarket Operations. The Transit Bus and Motor Coach Manufacturing Operations segment designs, manufactures, and sells heavy-duty transit buses, motor coaches, medium-duty buses and cutaways.

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