In a new note to investors today, an analyst has provided a rating update for New Flyer Industries (NFI). BMO Capital’s analyst Jonathan Lamers reiterates their Hold rating on the shares, with a C$39 price target.
According to TipRanks.com, Lamers is ranked #1611 out of 5119 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for New Flyer Industries with a C$54.40 average price target.
New Flyer Industries’ market cap is currently C$2.37B and has a P/E ratio of 9.5. The company has a Price to Book ratio of 2.25.
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$38.02, close to its 52-week low of C$35.89.
