NFI Group (TSE:NFI – Free Report) had its price objective trimmed by National Bankshares from C$20.00 to C$19.00 in a research note published on Monday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.
Several other equities research analysts also recently commented on NFI. ATB Capital lifted their target price on shares of NFI Group from C$17.00 to C$18.00 and gave the stock an outperform rating in a research report on Monday. Stifel Nicolaus upgraded NFI Group from a hold rating to a buy rating and increased their price objective for the company from C$15.00 to C$18.00 in a report on Monday. CIBC upped their price target on NFI Group from C$11.50 to C$12.00 and gave the company an underperform rating in a research report on Monday, January 22nd. Finally, BMO Capital Markets cut their price objective on NFI Group from C$17.00 to C$15.00 and set an outperform rating on the stock in a research note on Friday, March 1st. One investment analyst has rated the stock with a sell rating and seven have given a buy rating to the stock. According to data from MarketBeat, NFI Group currently has an average rating of Moderate Buy and a consensus target price of C$19.33.
NFI Group Stock Performance
NFI Group (TSE:NFI – Get Free Report) last issued its earnings results on Thursday, February 29th. The company reported C($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C($0.28) by C$0.21. NFI Group had a negative return on equity of 16.18% and a negative net margin of 3.45%. The business had revenue of C$1.08 billion during the quarter, compared to analysts’ expectations of C$1.21 billion. On average, equities analysts expect that NFI Group will post 0.2266807 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, Senior Officer Brian Keith Dewsnup acquired 5,750 shares of NFI Group stock in a transaction dated Wednesday, March 6th. The stock was bought at an average price of C$8.39 per share, with a total value of C$48,213.75. In other news, Senior Officer Brian Keith Dewsnup bought 5,750 shares of NFI Group stock in a transaction dated Wednesday, March 6th. The stock was bought at an average cost of C$8.39 per share, for a total transaction of C$48,213.75. Also, Director Wendy Wai Ting Kei sold 6,888 shares of the company’s stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of C$11.44, for a total value of C$78,798.72. Over the last three months, insiders acquired 64,228 shares of company stock worth $734,754. 0.65% of the stock is owned by corporate insiders.
About NFI Group
NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.
Featured Stories
- Five stocks we like better than NFI Group
- How to Read Stock Charts for Beginners
- Lucid’s Stock Price is Still in Reverse: New Lows Are Coming
- How to Invest in Biotech Stocks
- Generac Powers Ahead on the Electrification Mega-Trend
- How to Use the MarketBeat Stock Screener
- PulteGroup Wins and Wins More on Interest Rate Cuts
Receive News & Ratings for NFI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NFI Group and related companies with MarketBeat.com's FREE daily email newsletter.