NFI Group (OTCMKTS:NFYEF) Downgraded to “Hold” at TD Securities

TD Securities cut shares of NFI Group (OTCMKTS:NFYEF) from a buy rating to a hold rating in a report released on Monday morning, The Fly reports.

Other analysts have also issued research reports about the company. CIBC lowered NFI Group from an outperform rating to a neutral rating in a research note on Monday, August 30th. Stifel Nicolaus lowered NFI Group from a hold rating to a sell rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of Hold and a consensus target price of $34.25.

OTCMKTS:NFYEF opened at $17.75 on Monday. NFI Group has a fifty-two week low of $11.30 and a fifty-two week high of $25.73. The business has a 50 day moving average price of $23.16 and a 200-day moving average price of $22.51.

NFI Group Company Profile

NFI Group, Inc engages in the manufacture of zero-emission buses and coaches. The offers a suite of mass transportation solutions under the following brands: New Flyer, Alexander Dennis Limited, Plaxton, MCI, ARBOC, and NFI Parts. It operates through the Manufacturing, and Aftermarket segments. The Manufacturing segment involves in the production, service, and support of new transit buses, coaches, medium-duty, and cutaway buses.

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