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Stifel Nicolaus Keeps Their Buy Rating on NFI Group Inc (NFI)

Tipranks - Tipranks - Thu Apr 2, 9:38AM CDT

In a report released today, Daryl Young from Stifel Nicolaus maintained a Buy rating on NFI Group Inc, with a price target of C$23.00.

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Young covers the Consumer Cyclical sector, focusing on stocks such as Boyd Group Services, NFI Group Inc, and CCL Industries. According to TipRanks, Young has an average return of 5.4% and a 50.68% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for NFI Group Inc with a C$23.50 average price target.

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Based on NFI Group Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$1.04 billion and a net profit of C$168.57 million. In comparison, last year the company earned a revenue of C$836.99 million and had a net profit of C$18.56 million

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NFI in relation to earlier this year.

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