TD Securities Analysts Give NFI Group (TSE:NFI) a C$25.00 Price Target

TD Securities set a C$25.00 price objective on NFI Group (TSE:NFI) in a report released on Thursday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Separately, BMO Capital Markets reduced their price target on NFI Group from C$18.00 to C$17.00 in a research report on Monday, December 8th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, NFI Group currently has an average rating of “Buy” and a consensus price target of C$22.14.

NFI Group Stock Down 1.8%

NFI Group stock opened at C$16.54 on Thursday. The company has a current ratio of 1.71, a quick ratio of 0.55 and a debt-to-equity ratio of 171.59. NFI Group has a 1-year low of C$9.83 and a 1-year high of C$19.90. The company has a fifty day simple moving average of C$15.26 and a 200 day simple moving average of C$16.16. The company has a market cap of C$1.97 billion, a P/E ratio of -6.79, a price-to-earnings-growth ratio of -0.07 and a beta of 0.60.

NFI Group (TSE:NFI) last posted its quarterly earnings data on Thursday, November 6th. The company reported C$0.10 EPS for the quarter. NFI Group had a negative net margin of 0.79% and a negative return on equity of 3.45%. Research analysts anticipate that NFI Group will post 1.2814107 earnings per share for the current fiscal year.

Insider Transactions at NFI Group

In other news, Director Colin Robertson bought 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 24th. The stock was acquired at an average cost of C$15.97 per share, for a total transaction of C$159,700.00. Following the purchase, the director owned 56,217 shares of the company’s stock, valued at approximately C$897,785.49. This trade represents a 21.64% increase in their position. Also, insider Brian Keith Dewsnup purchased 4,100 shares of NFI Group stock in a transaction that occurred on Friday, December 26th. The shares were acquired at an average price of C$16.14 per share, with a total value of C$66,174.00. Following the acquisition, the insider directly 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 position. Over the last ninety days, insiders bought 15,640 shares of company stock worth $250,305. 0.62% of the stock is owned by insiders.

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¿.