New Flyer Industries (NFI) Price Target Increased to C$63.00 by Analysts at Scotiabank

New Flyer Industries (TSE:NFI) had its target price raised by Scotiabank from C$60.00 to C$63.00 in a report issued on Friday. The brokerage currently has an outperform rating on the stock.

NFI has been the subject of a number of other research reports. CIBC reduced their price target on New Flyer Industries from C$61.00 to C$59.00 in a report on Tuesday, October 17th. TD Securities reduced their price target on New Flyer Industries from C$63.00 to C$61.00 and set a buy rating for the company in a report on Friday, November 10th.

Shares of New Flyer Industries (NFI) traded up C$0.56 on Friday, reaching C$57.14. The company had a trading volume of 189,400 shares, compared to its average volume of 187,108. The stock has a market capitalization of $3,560.00, a P/E ratio of 18.14 and a beta of 0.17. New Flyer Industries has a 1 year low of C$39.90 and a 1 year high of C$57.70.

In related news, insider Wayne Ray Joseph sold 2,849 shares of the stock in a transaction dated Friday, December 8th. The stock was sold at an average price of C$53.00, for a total value of C$150,997.00.

TRADEMARK VIOLATION WARNING: “New Flyer Industries (NFI) Price Target Increased to C$63.00 by Analysts at Scotiabank” was posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States and international copyright & trademark law. The original version of this piece of content can be accessed at https://www.thelincolnianonline.com/2018/01/13/new-flyer-industries-nfi-price-target-increased-to-c63-00-by-analysts-at-scotiabank.html.

New Flyer Industries Company Profile

New Flyer Industries Inc manufactures and sells transit buses and motor coaches in the United States and Canada. It operates through two segments, Transit Bus and Coach Manufacturing Operations, and Aftermarket Operations. The company also distributes parts with fabrication, manufacturing, distribution, and service centers.

Receive News & Ratings for New Flyer Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Flyer Industries and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply