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The latest announcement is out from NFI Group Inc ( (TSE:NFI) ).
NFI Group Inc.’s subsidiary, Motor Coach Industries (MCI), has secured an additional order from Metrolinx for 97 diesel commuter coaches, enhancing its leadership in North America’s commuter coach market. This order, which follows an initial purchase of 80 coaches, underscores MCI’s reputation for quality and reliability, supporting Metrolinx’s transit expansion in the Greater Toronto and Hamilton Area by replacing aging vehicles and improving regional transit access.
The most recent analyst rating on (TSE:NFI) stock is a Buy with a C$22.00 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’s overall score reflects a mixed picture. The positive momentum and optimistic earnings call sentiment are overshadowed by profitability issues and high leverage. While the company is making strategic moves to enhance liquidity and backlog demand remains strong, the valuation remains a concern due to ongoing profitability challenges.
To see Spark’s full report on TSE:NFI stock, click here.
More about NFI Group Inc
NFI Group Inc. is a leading global bus manufacturer offering a wide range of propulsion-agnostic bus and coach platforms, including electric models. With nearly 9,000 employees in ten countries, NFI supports over 100,000 buses and coaches worldwide under brands like New Flyer, MCI, and Alexander Dennis. The company focuses on sustainable transportation solutions, providing low- and zero-emission buses to meet urban mobility demands.
Average Trading Volume: 270,742
Technical Sentiment Signal: Buy
Current Market Cap: C$2.34B
Find detailed analytics on NFI stock on TipRanks’ Stock Analysis page.