NFI Group (NFI) – Investment Analysts’ Weekly Ratings Changes

A number of research firms have changed their ratings and price targets for NFI Group (TSE: NFI):

• 5/12/2026 – NFI Group had its price target raised by Stifel Nicolaus from C$25.50 to C$26.00. They now have a “buy” rating on the stock.
• 5/12/2026 – NFI Group had its price target raised by Canadian Imperial Bank of Commerce from C$22.00 to C$27.00.
• 5/11/2026 – NFI Group had its price target raised by National Bank Financial from C$22.00 to C$26.00. They now have an “outperform” rating on the stock.
• 5/11/2026 – NFI Group had its price target raised by Scotiabank from C$24.50 to C$25.00. They now have a “sector outperform” rating on the stock.
• 5/11/2026 – NFI Group had its price target raised by TD from C$25.00 to C$26.00. They now have a “buy” rating on the stock.
• 5/1/2026 – NFI Group had its price target raised by Stifel Nicolaus from C$23.00 to C$25.50. They now have a “buy” rating on the stock.
• 4/28/2026 – NFI Group had its price target raised by Scotiabank from C$22.00 to C$24.50. They now have a “sector outperform” rating on the stock.

Insider Activity at NFI Group

In related news, Director John Christopher Sapp bought 2,500 shares of the stock in a transaction on Tuesday, May 12th. The shares were acquired at an average price of C$20.66 per share, for a total transaction of C$51,650.00. Following the purchase, the director owned 20,653 shares of the company’s stock, valued at approximately C$426,690.98. The trade was a 13.77% increase in their ownership of the stock. Also, Director Daniel Barclay bought 25,000 shares of the stock in a transaction on Wednesday, May 13th. The shares were bought at an average price of C$20.76 per share, for a total transaction of C$519,000.00. Following the purchase, the director directly owned 50,000 shares in the company, valued at approximately C$1,038,000. This trade represents a 100.00% increase in their position. Insiders have acquired a total of 240,965 shares of company stock worth $5,000,690 over the last quarter. 0.62% of the stock is currently owned by insiders.

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¿.