Stifel Canada upgraded shares of NFI Group (TSE:NFI – Free Report) from a hold rating to a buy rating in a research note released on Monday, Zacks.com reports.
A number of other brokerages also recently issued reports on NFI. BMO Capital Markets decreased their price target on NFI Group from C$17.00 to C$15.00 and set an outperform rating for the company in a report on Friday, March 1st. Stifel Nicolaus upgraded NFI Group from a hold rating to a buy rating and boosted their target price for the stock from C$15.00 to C$18.00 in a research note on Monday. ATB Capital increased their price target on shares of NFI Group from C$17.00 to C$18.00 and gave the company an outperform rating in a research note on Monday. CIBC raised their price objective on shares of NFI Group from C$12.00 to C$12.50 and gave the stock an underperform rating in a report on Tuesday. Finally, National Bankshares lowered their target price on shares of NFI Group from C$20.00 to C$19.00 and set an outperform rating for the company in a report on Monday. One investment analyst has rated the stock with a sell rating and seven have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of Moderate Buy and an average price target of C$19.33.
Get Our Latest Stock Report on NFI Group
NFI Group Stock Up 5.4 %
NFI Group (TSE:NFI – Get Free Report) last announced its quarterly earnings data on Thursday, February 29th. The company reported C($0.07) earnings per share for the quarter, beating analysts’ consensus estimates of C($0.28) by C$0.21. The business had revenue of C$1.08 billion for the quarter, compared to analyst estimates of C$1.21 billion. NFI Group had a negative net margin of 3.45% and a negative return on equity of 16.18%. On average, equities research analysts anticipate that NFI Group will post 0.2266807 EPS for the current fiscal year.
Insider Buying and Selling at NFI Group
In other NFI Group news, Director Richard Paul Davies acquired 2,570 shares of the stock in a transaction on Thursday, March 28th. The shares were bought at an average cost of C$13.17 per share, with a total value of C$33,846.90. In related news, Senior Officer Brian Keith Dewsnup purchased 5,750 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was acquired at an average price of C$8.39 per share, for a total transaction of C$48,213.75. Also, Director Richard Paul Davies purchased 2,570 shares of the firm’s stock in a transaction that occurred on Thursday, March 28th. The shares were bought at an average cost of C$13.17 per share, with a total value of C$33,846.90. Over the last quarter, insiders bought 64,228 shares of company stock worth $734,754. 0.65% of the stock is owned by 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 Use High Beta Stocks to Maximize Your Investing Profits
- Roblox: The Bottom Just Fell Out of the Metaverse
- Quiet Period Expirations Explained
- Airbnb Stock Plummets After Earnings, But is It a Buy?
- What is the Nikkei 225 index?
- Uber’s Earnings Drop Is Investors Opportunity
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.