New Flyer Industries Inc. (TSE:NFI) had its target price reduced by TD Securities from C$63.00 to C$61.00 in a research report released on Friday morning. They currently have a buy rating on the stock.
Several other research analysts also recently commented on NFI. Scotiabank lifted their price objective on New Flyer Industries from C$59.00 to C$60.00 and gave the stock an outperform rating in a report on Friday, August 11th. BMO Capital Markets reiterated a market perform rating and issued a C$57.00 price objective on shares of New Flyer Industries in a report on Friday, August 25th. Finally, CIBC decreased their price objective on New Flyer Industries from C$61.00 to C$59.00 in a report on Tuesday, October 17th.
New Flyer Industries (NFI) opened at C$50.02 on Friday. New Flyer Industries has a twelve month low of C$37.25 and a twelve month high of C$57.70.
In other news, insider Wayne Ray Joseph sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of C$51.00, for a total value of C$255,000.00. Also, insider Paul Warren Dennis Smith sold 20,300 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of C$51.11, for a total value of C$1,037,533.00. In the last 90 days, insiders have sold 40,800 shares of company stock worth $2,082,046.
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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