New Flyer Industries (NFI) PT Raised to C$63.00

New Flyer Industries (TSE:NFI) had its target price hoisted by CIBC from C$60.00 to C$63.00 in a research report report published on Thursday morning.

A number of other analysts also recently weighed in on the stock. Scotiabank reduced their target price on shares of New Flyer Industries from C$60.00 to C$59.00 and set an outperform rating on the stock in a report on Friday, November 10th. TD Securities cut their price target on shares of New Flyer Industries from C$63.00 to C$61.00 and set a buy rating on the stock in a report on Friday, November 10th.

Shares of New Flyer Industries (TSE NFI) opened at C$55.31 on Thursday. New Flyer Industries has a fifty-two week low of C$39.90 and a fifty-two week high of C$57.70. The firm has a market cap of $3,450.00, a PE ratio of 17.56 and a beta of 0.17.

In related news, insider Wayne Ray Joseph sold 2,849 shares of the company’s stock in a transaction dated Friday, December 8th. The shares were sold at an average price of C$53.00, for a total transaction of C$150,997.00.

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New Flyer Industries Company Profile

New Flyer Industries Inc manufactures and sells transit buses and motor coaches in the United States and Canada. It operates through two segments, Transit Bus and Coach Manufacturing Operations, and Aftermarket Operations. The company also distributes parts with fabrication, manufacturing, distribution, and service centers.

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