Scotiabank Thinks NFI Group Inc’s Stock is Going to Recover


NFI Group Inc (NFI), the Conglomerates sector company was revisited on July 16, and remains undervalued for at least one analyst on the street. Analyst Mark Neville from Scotiabank reiterated a Buy rating, with a C$48 price target on July 16.

Neville has an average return of 5.9% when recommending NFI Group Inc.

According to TipRanks.com, Neville is ranked #1255 out of 5242 analysts.

NFI Group Inc has an analyst consensus of Moderate Buy, with a price target consensus of C$42.

The company has a one-year high of C$52.48 and a one-year low of C$28.47. Currently, NFI Group Inc has an average volume of 254K.

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 Thursday at C$31.17, close to its 52-week low of C$28.47.

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