New Flyer Industries Inc (NFI) Given New C$63.00 Price Target at TD Securities
New Flyer Industries Inc (TSE:NFI) had its target price increased by TD Securities from C$62.00 to C$63.00 in a research report sent to investors on Friday morning. They currently have a buy rating on the stock.
Separately, Scotiabank increased their target price on New Flyer Industries from C$57.00 to C$59.00 and gave the stock an outperform rating in a report on Monday, May 15th.
Shares of New Flyer Industries (TSE NFI) traded down 4.36% on Friday, reaching $52.66. The company’s stock had a trading volume of 243,796 shares. New Flyer Industries has a 52-week low of $36.25 and a 52-week high of $57.70. The company has a market cap of $3.27 billion and a P/E ratio of 23.10. The company has a 50 day moving average price of $55.65 and a 200 day moving average price of $47.60.
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In other New Flyer Industries news, Director Brian Vincent Tobin sold 20,000 shares of the stock in a transaction dated Friday, June 30th. The stock was sold at an average price of C$54.18, for a total transaction of C$1,083,600.00. Also, insider Carl Glenn Asham sold 34,725 shares of the stock in a transaction dated Monday, June 5th. The stock was sold at an average price of C$56.59, for a total value of C$1,965,087.75. In the last quarter, insiders have acquired 587 shares of company stock valued at $26,845 and have sold 596,925 shares valued at $33,423,667.
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