NFI Group (TSE:NFI) PT Set at C$25.00 by TD Securities

NFI Group (TSE:NFI) has been given a C$25.00 price objective by analysts at TD Securities in a note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ target price suggests a potential upside of 51.15% from the company’s previous close.

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

NFI Group Price Performance

NFI opened at C$16.54 on Thursday. The stock has a market capitalization of C$1.97 billion, a P/E ratio of -6.79, a P/E/G ratio of -0.07 and a beta of 0.60. The company’s 50-day simple moving average is C$15.26 and its two-hundred day simple moving average is C$16.18. NFI Group has a 52-week low of C$9.83 and a 52-week high of C$19.90. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.55 and a current ratio of 1.71.

NFI Group (TSE:NFI) last posted its earnings results 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%. As a group, analysts predict that NFI Group will post 1.2814107 EPS for the current year.

Insider Transactions at NFI Group

In other news, insider Brian Keith Dewsnup bought 4,100 shares of NFI Group stock in a transaction that occurred on Friday, December 26th. The stock was bought at an average cost of C$16.14 per share, with a total value of C$66,174.00. Following the acquisition, the insider owned 69,010 shares of the company’s stock, valued at C$1,113,821.40. The trade was a 6.32% increase in their position. Also, Director Colin Robertson bought 10,000 shares of the firm’s stock in a transaction on Wednesday, December 24th. The shares were purchased at an average price of C$15.97 per share, for a total transaction of C$159,700.00. Following the purchase, the director owned 56,217 shares in the company, valued at C$897,785.49. This trade represents a 21.64% increase in their position. Over the last ninety days, insiders have bought 15,640 shares of company stock worth $250,305. Insiders own 0.62% of the company’s stock.

NFI Group Company Profile

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¿.