Scotiabank restated their outperform rating on shares of New Flyer Industries Inc (TSE:NFI) in a research note issued to investors on Friday. The brokerage currently has a C$50.00 target price on the stock.
NFI has been the topic of a number of other research reports. CIBC lifted their target price on New Flyer Industries from C$50.00 to C$51.00 in a report on Friday, August 12th. National Bank Financial lifted their target price on New Flyer Industries from C$34.00 to C$38.00 and gave the company an outperform rating in a report on Friday, June 24th. Finally, BMO Capital Markets lifted their target price on New Flyer Industries from C$45.00 to C$47.00 and gave the company a market perform rating in a report on Friday, August 12th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of C$41.60.
New Flyer Industries (TSE:NFI) opened at 41.04 on Friday. The company’s 50-day moving average price is $42.77 and its 200 day moving average price is $39.44. New Flyer Industries has a 1-year low of $18.04 and a 1-year high of $44.87. The firm has a market cap of $2.46 billion and a price-to-earnings ratio of 26.86.
In related news, Director Vincent James Sardo sold 1,500 shares of New Flyer Industries stock in a transaction on Thursday, September 8th. The stock was sold at an average price of C$43.05, for a total value of C$64,575.00.
Receive News & Ratings for New Flyer Industries Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Flyer Industries Inc and related companies with MarketBeat.com's FREE daily email newsletter.