Scotiabank Reiterates Their Buy Rating on NFI Group Inc (NFI)


Shares of NFI Group Inc (NFI) were revisited by a Wall Street analyst on May 28. On May 28, analyst Mark Neville gave a Buy rating to NFI and set a C$50 price target.

According to TipRanks.com, Neville is a 4-star analyst with an average return of 4.2% and a 55.4% success rate. Neville covers the Basic Materials sector, focusing on stocks such as Waste Connections Inc, SNC-Lavalin Group Inc, and Stella-Jones Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for NFI Group Inc with a C$46.25 average price target.

NFI Group Inc’s market cap is currently C$2.05B and has a P/E ratio of 10.3. The company has a Price to Book ratio of 1.88.

NFI Group, Inc. engages in the manufacture of bus and motor coach and parts distribution. It operates through the Manufacturing Operations and Aftermarket Operations segments.

The company’s shares closed on Wednesday at C$33.20.

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