In a latest note to investors, a research analyst has provided a rating update for the NFI Group Inc (NFI – Research 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.
Read More on TSE:NFI:
- NFI Announces First Quarter 2023 Results
- NFI receives third zero-emission contract from RTC, for up to 107 New Flyer fuel cell-electric buses, expanding sustainable, high-capacity mobility in Southern Nevada
- Hong Kong operator KMB celebrates 90th birthday with launch of next-generation Enviro500EV from NFI subsidiary Alexander Dennis
- NFI announces proposed changes to its Board of Directors and date of its first quarter 2023 earnings release and Annual and Special Meeting of Shareholders
- NFI subsidiary Alexander Dennis repurposes Larbert facility to increase zero-emission manufacturing capability