New Flyer Industries Inc (TSE:NFI) – National Bank Financial issued their FY2017 earnings per share estimates for New Flyer Industries in a research report issued to clients and investors on Monday. National Bank Financial analyst C. Doerksen anticipates that the company will post earnings of $3.15 per share for the year. National Bank Financial has a “Sector Perform Overweight” rating on the stock. National Bank Financial also issued estimates for New Flyer Industries’ FY2018 earnings at $3.55 EPS and FY2019 earnings at $3.86 EPS.

A number of other brokerages have also weighed in on NFI. CIBC upped their target price on New Flyer Industries from C$63.00 to C$65.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. TD Securities upped their target price on New Flyer Industries from C$61.00 to C$62.00 in a research note on Monday, December 4th. Finally, Scotiabank upped their target price on New Flyer Industries from C$60.00 to C$63.00 and gave the stock an “outperform” rating in a research note on Friday, January 12th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of C$62.60.

New Flyer Industries (NFI) opened at C$55.61 on Thursday. The firm has a market capitalization of $3,460.00, a PE ratio of 17.65 and a beta of 0.13. New Flyer Industries has a one year low of C$43.06 and a one year high of C$59.67.

In other New Flyer Industries news, insider Wayne Ray Joseph sold 2,849 shares of the company’s 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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