NFI Group (TSE:NFI) Given a C$25.00 Price Target at TD Securities

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

Separately, BMO Capital Markets dropped their price target on NFI Group from C$18.00 to C$17.00 in a research note on Monday, December 8th. One 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$22.14.

NFI Group Stock Up 1.1%

TSE NFI opened at C$16.85 on Thursday. The company has a market capitalization of C$2.01 billion, a P/E ratio of -6.91, a PEG ratio of -0.07 and a beta of 0.60. NFI Group has a 12 month low of C$9.83 and a 12 month high of C$19.90. The company has a debt-to-equity ratio of 171.59, a current ratio of 1.71 and a quick ratio of 0.55. The company’s 50 day simple moving average is C$15.20 and its 200 day simple moving average is C$16.19.

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

Insiders Place Their Bets

In other news, Director Colin Robertson acquired 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 completion of the acquisition, the director owned 56,217 shares in the company, valued at approximately C$897,785.49. The trade was a 21.64% increase in their ownership of the stock. Also, insider Brian Keith Dewsnup acquired 4,100 shares of NFI Group stock in a transaction that occurred on Friday, December 26th. The shares were purchased at an average cost of C$16.14 per share, with a total value of C$66,174.00. Following the transaction, the insider owned 69,010 shares of the company’s stock, valued at approximately C$1,113,821.40. The trade was a 6.32% increase in their position. Insiders bought 15,640 shares of company stock worth $250,305 over the last ninety days. 0.62% of the stock is currently owned by company 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¿.