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BMO Capital Initiates a Buy Rating on NFI Group Inc (NFI)

Shares of NFI Group Inc (NFIResearch Report) were revisited by a Wall Street analyst today. The Industrial Goods company, NFI Group Inc (TSX: NFI) has just received a rating update from a Wall Street analyst.

According to TipRanks.com, Chen is ranked #6848 out of 8565 analysts.

NFI Group Inc has an analyst consensus of Moderate Buy, with a price target consensus of C$15.25, representing a 16.1% upside. In a report issued on October 17, National Bank also maintained a Buy rating on the stock with a C$18.00 price target.

The company has a one-year high of C$14.48 and a one-year low of C$7.00. Currently, NFI Group Inc has an average volume of 167.4K.

NFI Group Inc is a Canadian automobile manufacturer. The company organises itself into two segments: manufacturing operations, and aftermarket operations. Manufacturing operations, which represents more than half of the company’s revenue, includes the manufacture of transit buses for public transportation, and motor coaches. Aftermarket operations includes spare parts and servicing related to transit buses and motor coaches.

The company’s shares closed last Tuesday at C$13.18.

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