New Flyer Industries Inc (NFI) PT Raised to C$63.00
New Flyer Industries Inc (TSE:NFI) had its target price upped by investment analysts at TD Securities from C$62.00 to C$63.00 in a research note issued on Friday. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price would indicate a potential upside of 14.40% from the company’s previous close.
Separately, Scotiabank upped their target price on New Flyer Industries from C$57.00 to C$59.00 and gave the stock an “outperform” rating in a research note on Monday, May 15th.
New Flyer Industries (TSE:NFI) traded up 0.42% during midday trading on Friday, hitting $55.30. 47,105 shares of the stock were exchanged. The company has a market capitalization of $3.43 billion and a P/E ratio of 24.25. The company’s 50 day moving average is $55.65 and its 200 day moving average is $47.60. New Flyer Industries has a 1-year low of $36.25 and a 1-year high of $57.70.
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In other New Flyer Industries news, Director Vincent James Sardo sold 500 shares of the company’s stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of C$54.60, for a total value of C$27,300.00. Also, Director Adam L. Gray sold 15,700 shares of the company’s stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of C$55.59, for a total value of C$872,763.00. In the last ninety days, insiders acquired 587 shares of company stock valued at $26,845 and sold 596,925 shares valued at $33,423,667.
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