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CIBC Keeps a Sell Rating on NFI Group Inc (NFI)

In a latest note to investors, a research analyst has provided a rating update for the NFI Group Inc (NFIResearch Report). The Industrial Goods company, NFI Group Inc (TSX: NFI) has just received a rating update from a Wall Street analyst.

According to TipRanks.com, Chiang is a 4-star analyst with an average return of 4.4% and a 56.0% success rate. Chiang covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Andlauer Healthcare Group, and TFI International.

The word on The Street in general, suggests a Hold analyst consensus rating for NFI Group Inc with a C$11.75 average price target.

NFI Group Inc’s market cap is currently C$594.7M and has a P/E ratio of -2.01.

NFI Group Inc is a Canadian automobile manufacturer. The company organises itself into two segments: manufacturing operations, and aftermarket operations. Manufacturing operations, which represents more than half of the company’s revenue, includes the manufacture of transit buses for public transportation, and motor coaches. Aftermarket operations includes spare parts and servicing related to transit buses and motor coaches.

The company’s shares closed last Monday at C$10.69.

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