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NFI Group Inc ( (TSE:NFI) ) has provided an update.
NFI Group has officially opened New Flyer’s new Customer Acceptance and Delivery facility in Winnipeg, enabling complete start-to-finish Canadian production of heavy-duty transit buses, including zero-emission models, for the first time in 15 years. Supported by federal and provincial investment, the plant reinforces Manitoba’s role as a heavy-duty manufacturing hub and expands New Flyer’s capacity by up to 240 equivalent units annually by 2027.
The facility is expected to create hundreds of skilled manufacturing jobs, strengthen Canada’s domestic supply chain, and support the country’s transition to low-carbon transportation. By localizing production for Canadian customers, the expansion also frees New Flyer’s U.S. plants to focus more on American demand, positioning NFI as a key player in North America’s shift toward cleaner public transit and greater industrial self-reliance.
The most recent analyst rating on (TSE:NFI) stock is a Hold with a C$17.50 price target. To see the full list of analyst forecasts on NFI Group Inc stock, see the TSE:NFI Stock Forecast page.
Spark’s Take on TSE:NFI Stock
According to Spark, TipRanks’ AI Analyst, TSE:NFI is a Neutral.
NFI Group Inc’s overall stock score is primarily influenced by its financial performance challenges, including high leverage and negative profitability. The technical analysis shows bullish momentum, but the stock is overbought. The earnings call provided a positive outlook despite the battery recall issue. Valuation remains a concern with a negative P/E ratio.
To see Spark’s full report on TSE:NFI stock, click here.
More about NFI Group Inc
NFI Group Inc. is a leading global manufacturer of buses and coaches, operating through subsidiaries such as New Flyer Industries Canada ULC. The company focuses on heavy-duty transit vehicles, including zero-emission buses, and serves public transit agencies across North America, with a growing emphasis on domestic Canadian production and clean transportation solutions.
Average Trading Volume: 307,342
Technical Sentiment Signal: Buy
Current Market Cap: C$2.01B
Find detailed analytics on NFI stock on TipRanks’ Stock Analysis page.