Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum NFI Group Inc T.NFI

Alternate Symbol(s):  NFYEF | T.NFI.DB

Industrials
NFI Group Inc. is a Canada-based independent bus and coach manufacturer. The Company specializes in zero-emission electric mass mobility solutions. Its segments include Manufacturing Operations and Aftermarket Operations. Manufacturing Operations segment includes design, manufacture, service and support of new transit buses, motor coaches, medium-duty, cutaway buses, and installation of... see more

TSX:NFI - Post Discussion

NFI Group Inc > New target of analyst National Bank
View:
Post by pibopibopibopib on Oct 17, 2023 10:05pm

New target of analyst National Bank

Maintain OP; target raised to C$18.00 We maintain our Outperform rating on NFI Group shares ahead of Q3/23 results that are scheduled for release on November 8th. NFI is the best performing stock in our coverage universe so far in 2023, up 49% YTD versus the TSX up 1%. With demand for buses continuing to be strong, we believe financial results will trend much more positively in the coming quarters, which we believe will support further upside to the share price. Our new target is C $18.00, up from C$15.00 previously as we increase our EV/EBITDA valuation multiple to 6.5x our 2025 forecast from 6.0x previously
Be the first to comment on this post
NFI Group Inc