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NFI Group Inc (NFI) Gets a Buy from Stifel Nicolaus

Tipranks - Tue Mar 10, 8:34AM CDT

Stifel Nicolaus analyst Daryl Young maintained a Buy rating on NFI Group Inc today and set a price target of C$23.00.

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According to TipRanks, Young is a 4-star analyst with an average return of 6.5% and a 53.92% success rate. Young covers the Consumer Cyclical sector, focusing on stocks such as NFI Group Inc, Boyd Group Services, and CCL Industries.

Currently, the analyst consensus on NFI Group Inc is a Strong Buy with an average price target of C$22.00.

Based on NFI Group Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$868.87 million and a GAAP net loss of C$139 million. In comparison, last year the company earned a revenue of C$711.34 million and had a GAAP net loss of C$14.99 million

Based on the recent corporate insider activity of 21 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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