Yesterday, an analyst has provided a rating update for New Flyer Industries (NFI). AltaCorp Captial’s analyst Chris Murray reiterates their Buy rating on the shares, with a C$65 price target.
Murray has an average return of 17.5% when recommending New Flyer Industries.
According to TipRanks.com, Murray is ranked #427 out of 4918 analysts.
New Flyer Industries has an analyst consensus of Moderate Buy, with a price target consensus of C$56.33.
New Flyer Industries’ market cap is currently C$2.79B and has a P/E ratio of 11.5. The company has a Price to Book ratio of 2.62.
NFI Group, Inc. engages in bus and motor coach manufacturing and parts distributing. It operates through the Bus and Coach Manufacturing and Aftermarket Operations segments. The Bus and Coach Manufacturing Operations segment designs, manufactures, and sells heavy-duty transit buses of body lengths with propulsion systems.
The company’s shares closed on Wednesday at C$39.09, close to its 52-week low of C$38.59.
