New Flyer Industries (NFI) Gets a Buy Rating from TD Securities


A Wall Street analyst has provided a review for the Conglomerates company today, but retained the same rating on the stock. New Flyer Industries (NFI) received a Buy rating from TD Securities’ analyst Daryl Young, with a C$51 price target.

According to TipRanks.com, Young is ranked #3254 out of 4918 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for New Flyer Industries with a C$53.33 average price target, representing a 36.4% upside. In a report released yesterday, AltaCorp Captial also reiterated a Buy rating on the stock with a C$65 price target.

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The company has a one-year high of C$61.25 and a one-year low of C$38.59. Currently, New Flyer Industries has an average volume of 158.6K.

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.

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