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NFI Group Inc ( (TSE:NFI) ) just unveiled an update.
NFI Group Inc. has released its 2024 Sustainability Report, highlighting significant strides in environmental practices, social initiatives, and system resilience. The report underscores NFI’s commitment to sustainability through its ‘A Better Product, A Better Workplace, A Better World’ pledge, showcasing record deliveries of zero-emission buses and substantial investments in workforce development. The company’s strategic focus on sustainability aims to drive long-term growth and create meaningful value for its stakeholders, reinforcing its position as a leader in sustainable mass mobility solutions.
The most recent analyst rating on (TSE:NFI) stock is a Hold with a C$19.00 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. faces significant financial challenges, with high leverage and negative profitability metrics being major concerns. However, strong demand and strategic corporate events provide some positive outlook. Technical indicators are mixed, and valuation metrics are weak due to negative earnings. The earnings call provided some reassurance with improved liquidity and reaffirmed guidance.
To see Spark’s full report on TSE:NFI stock, click here.
More about NFI Group Inc
NFI Group Inc. is a global leader in the manufacturing of propulsion-agnostic buses and coaches, offering a wide range of low- and zero-emission vehicles. With 450 years of combined experience, NFI operates under several brands, including New Flyer, MCI, Alexander Dennis Limited, Plaxton, and ARBOC, providing sustainable transportation solutions worldwide. The company supports over 100,000 buses and coaches globally and is committed to enhancing urban mobility through clean and connected transportation.
Average Trading Volume: 257,148
Technical Sentiment Signal: Buy
Current Market Cap: C$2.2B
Find detailed analytics on NFI stock on TipRanks’ Stock Analysis page.