National Bank Financial Reiterates “Sector Perform Overweight” Rating for New Flyer Industries (NFI)

National Bank Financial restated their sector perform overweight rating on shares of New Flyer Industries (TSE:NFI) in a research note issued to investors on Monday, February 12th. National Bank Financial also issued estimates for New Flyer Industries’ FY2017 earnings at $3.15 EPS, FY2018 earnings at $3.55 EPS and FY2019 earnings at $3.86 EPS.

NFI has been the topic of a number of other research reports. CIBC reduced their price target on New Flyer Industries from C$61.00 to C$59.00 in a research report on Tuesday, October 17th. Scotiabank reduced their price target on New Flyer Industries from C$60.00 to C$59.00 and set an outperform rating on the stock in a research report on Friday, November 10th. Finally, TD Securities reduced their price target on New Flyer Industries from C$63.00 to C$61.00 and set a buy rating on the stock in a research report on Friday, November 10th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. New Flyer Industries currently has an average rating of Buy and a consensus target price of C$62.60.

New Flyer Industries (NFI) opened at C$57.33 on Monday. New Flyer Industries has a 12 month low of C$43.06 and a 12 month high of C$59.67. The stock has a market capitalization of $3,580.00, a PE ratio of 18.20 and a beta of 0.13.

In other New Flyer Industries news, insider Wayne Ray Joseph sold 2,849 shares of the stock in a transaction dated Friday, December 8th. The stock was sold at an average price of C$53.00, for a total value of C$150,997.00.

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About New Flyer Industries

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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