The Globe and Mail reports in its Friday, July 18, edition that BMO Capital analyst John Gibson has elevated his recommendation for NFI Group to "outperform" from "market perform." The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Gibson's share target soared $9 to $23. Mr. Gibson says in a note: "Our large target increase reflects an upcoming inflection point in earnings during 2H/25 and 2026 as seat supplier issues ease, which should help move the company closer to its historical multiple range of eight to 10 times EV/EBITDA (currently sitting closer to about seven times)." NFI Group is set to report second quarter earnings on July 31. The Globe reported on Aug. 2 that CIBC World Markets analyst Krista Friesen had boosted her recommendation for NFI Group to "neutral" from "underperformer." The shares could then be had for $18.85. The Globe reported on March 18 that ATB Capital Markets analyst Chris Murray had reaffirmed his "outperform" recommendation for NFI Group. The shares could then be had for $12.96. The Globe reported on June 5 that Stifel analyst Daryl Young continued to rate NFI Group "buy." The shares were then going for $15.23.
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