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NFI Group - NFI Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$22.43
  • Forecasted Upside: 23.91%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 2 Strong Buy Ratings
C$18.10 As of 03/19/2026 05:00 PM ET
▼ -0.26 (-1.42%)

This chart shows the closing price for NFI by one month, three months, or twelve months.

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Analyst Price Target for NFI

Analyst Price Target is C$22.43
▲ +23.91% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for NFI Group in the last 3 months. The average price target is C$22.43, with a high forecast of C$28.00 and a low forecast of C$17.00. The average price target represents a 23.91% upside from the last price of C$18.10.

This chart shows the closing price for NFI for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 7 investment analysts is to buy stock in NFI Group. This rating has held steady since June 2025, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/25/2024
  • 1 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/24/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/24/2025
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/22/2025
  • 1 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/20/2025
  • 1 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/19/2025
  • 2 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/17/2026
  • 2 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/19/2026

Latest Recommendations

  • 2 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/13/2026ScotiabankBoost TargetOutperformC$21.00 ➝ C$22.00
3/13/2026ATB Cormark Capital MarketsBoost TargetOutperformC$27.00 ➝ C$28.00
2/3/2026National Bank FinancialLower TargetOutperformC$28.00 ➝ C$22.00
1/30/2026TD SecuritiesUpgradeStrong-Buy
1/29/2026TD SecuritiesSet TargetBuyC$25.00
12/8/2025BMO Capital MarketsLower TargetC$18.00 ➝ C$17.00
11/10/2025BMO Capital MarketsLower TargetC$20.00 ➝ C$18.00
9/29/2025National Bank FinancialLower TargetOutperformC$23.00 ➝ C$22.00
9/29/2025Canadian Imperial Bank of CommerceLower TargetOutperformC$23.00 ➝ C$20.00
9/29/2025ScotiabankLower TargetC$23.00 ➝ C$22.00
8/5/2025Stifel NicolausBoost TargetBuyC$22.00 ➝ C$23.00
7/24/2025ScotiabankSet TargetSector PerformC$22.00
7/17/2025BMO Capital MarketsUpgradeHold ➝ Strong-BuyC$14.00 ➝ C$23.00
6/4/2025Stifel NicolausLower TargetBuyC$23.00 ➝ C$22.00
3/17/2025Canadian Imperial Bank of CommerceBoost TargetOutperformC$19.00 ➝ C$20.00
3/17/2025ATB Cormark Capital MarketsBoost TargetOutperformC$24.00 ➝ C$26.00
3/14/2025BMO Capital MarketsLower TargetC$14.00 ➝ C$13.00
3/6/2025ATB Cormark Capital MarketsBoost TargetOutperformC$22.00 ➝ C$24.00
12/4/2024Canadian Imperial Bank of CommerceUpgradeHold ➝ Strong-Buy
12/4/2024Canadian Imperial Bank of CommerceBoost TargetC$18.50 ➝ C$21.00
11/8/2024Canadian Imperial Bank of CommerceLower TargetC$19.50 ➝ C$18.50
10/31/2024BMO Capital MarketsDowngradeStrong-Buy ➝ Hold
8/6/2024Stifel NicolausBoost TargetC$18.00 ➝ C$23.00
8/2/2024National Bank FinancialBoost TargetOutperformC$21.00 ➝ C$22.00
8/2/2024ATB Cormark Capital MarketsBoost TargetOutperformC$18.00 ➝ C$22.00
8/2/2024Canadian Imperial Bank of CommerceUpgradeUnderperform ➝ NeutralC$12.50 ➝ C$20.00
8/2/2024BMO Capital MarketsBoost TargetHold ➝ OutperformC$15.00 ➝ C$23.00
6/28/2024National Bank FinancialBoost TargetOutperformC$19.00 ➝ C$21.00
5/7/2024Canadian Imperial Bank of CommerceBoost TargetUnderperformC$12.00 ➝ C$12.50
5/6/2024National Bank FinancialLower TargetOutperformC$20.00 ➝ C$19.00
5/6/2024Stifel NicolausUpgradeHold ➝ BuyC$15.00 ➝ C$18.00
5/6/2024ATB Cormark Capital MarketsBoost TargetOutperformC$17.00 ➝ C$18.00
3/1/2024BMO Capital MarketsLower TargetOutperformC$17.00 ➝ C$15.00
1/22/2024Canadian Imperial Bank of CommerceBoost TargetUnderperformC$11.50 ➝ C$12.00
1/17/2024National Bank FinancialBoost TargetOutperformC$18.00 ➝ C$19.00
12/19/2023Canadian Imperial Bank of CommerceBoost TargetUnderperformC$10.75 ➝ C$11.50
11/21/2023Stifel NicolausSet TargetHoldC$15.00
11/9/2023ATB Cormark Capital MarketsUpgradeSector Perform ➝ OutperformC$14.50 ➝ C$17.00
11/8/2023ATB Cormark Capital MarketsUpgradeSpeculative ➝ Outperform
10/25/2023BMO Capital MarketsSet TargetOutperformC$17.00
10/17/2023National Bank FinancialBoost TargetOutperformC$15.00 ➝ C$18.00
8/28/2023ATB Cormark Capital MarketsUpgradeSpeculative ➝ Outperform
8/28/2023ATB Cormark Capital MarketsBoost TargetBuyC$12.50 ➝ C$14.50
8/28/2023Canadian Imperial Bank of CommerceBoost TargetUnderperformC$8.50 ➝ C$10.75
8/28/2023National Bank FinancialSet TargetOutperformC$15.00
7/24/2023ScotiabankBoost TargetOutperformC$33.00 ➝ C$33.50
6/7/2023National Bank FinancialSet TargetOutperformC$12.00
5/18/2023ATB Cormark Capital MarketsLower TargetC$14.00 ➝ C$12.50
5/8/2023Canadian Imperial Bank of CommerceBoost TargetC$8.50 ➝ C$9.00
5/5/2023National Bank FinancialUpgradeSector Perform ➝ OutperformC$13.00
5/4/2023National Bank FinancialUpgradeSector Perform Market Weight ➝ Outperform Market Weight
3/6/2023ATB Cormark Capital MarketsLower TargetC$18.00 ➝ C$14.00
3/3/2023TD SecuritiesBoost TargetHoldC$10.00 ➝ C$11.00
3/2/2023National Bank FinancialLower TargetSector PerformC$14.00 ➝ C$13.00
12/14/2022Canadian Imperial Bank of CommerceDowngradeSellC$8.50
11/21/2022National Bank FinancialBoost TargetSector PerformC$13.00 ➝ C$14.00
11/17/2022TD SecuritiesLower TargetHoldC$11.50 ➝ C$10.50
10/25/2022ScotiabankDowngradeOutperform ➝ Sector PerformC$18.00 ➝ C$14.00
10/25/2022TD SecuritiesLower TargetHoldC$14.50 ➝ C$11.50
10/25/2022Canadian Imperial Bank of CommerceLower TargetNeutralC$14.00 ➝ C$10.00
10/25/2022National Bank FinancialLower TargetSector PerformC$17.00 ➝ C$13.00
10/25/2022ATB Cormark Capital MarketsLower TargetSpeculative BuyC$21.00 ➝ C$18.00
10/7/2022Canadian Imperial Bank of CommerceUpgradeUnderperform ➝ Neutral
8/5/2022TD SecuritiesBoost TargetHoldC$13.50 ➝ C$14.50
8/4/2022National Bank FinancialBoost TargetSector PerformC$14.00 ➝ C$17.00
8/4/2022Stifel NicolausBoost TargetC$6.00 ➝ C$8.50
5/2/2022Stifel NicolausLower TargetC$11.50 ➝ C$6.00
5/2/2022BMO Capital MarketsLower TargetC$15.50 ➝ C$13.00
5/2/2022ScotiabankLower TargetC$22.00 ➝ C$18.00
5/2/2022TD SecuritiesLower TargetHoldC$18.00 ➝ C$13.50
5/2/2022National Bank FinancialDowngradeOutperform ➝ Sector PerformC$19.00 ➝ C$14.00
5/2/2022Canadian Imperial Bank of CommerceLower TargetNeutralC$18.00 ➝ C$12.00
4/29/2022National Bank FinancialDowngradeOutperform Overweight ➝ Sector Perform Overweight
4/26/2022BMO Capital MarketsDowngradeOutperform ➝ HoldC$21.00 ➝ C$15.50
3/11/2022TD SecuritiesLower TargetHoldC$22.00 ➝ C$18.00
3/11/2022National Bank FinancialLower TargetOutperformC$26.00 ➝ C$19.00
3/11/2022BMO Capital MarketsLower TargetC$27.00 ➝ C$21.00
3/11/2022Canadian Imperial Bank of CommerceLower TargetNeutralC$25.00 ➝ C$18.00
3/11/2022ScotiabankLower TargetC$28.00 ➝ C$22.00
3/10/2022ATB Cormark Capital MarketsDowngradeOutperform ➝ Speculative
3/1/2022ATB Cormark Capital MarketsLower TargetOutperformC$35.00 ➝ C$28.00
2/22/2022ScotiabankLower TargetC$31.00 ➝ C$28.00
1/5/2022TD SecuritiesLower TargetC$25.00 ➝ C$23.00
12/6/2021ScotiabankLower TargetC$32.00 ➝ C$31.00
12/6/2021TD SecuritiesLower TargetHoldC$29.00 ➝ C$25.00
12/3/2021National Bank FinancialUpgradeSector Perform Overweight ➝ Outperform Overweight
12/3/2021BMO Capital MarketsLower TargetC$33.00 ➝ C$30.00
12/3/2021Canadian Imperial Bank of CommerceLower TargetNeutralC$30.00 ➝ C$25.00
12/3/2021National Bank FinancialSet TargetOutperformC$26.00
11/16/2021ATB Cormark Capital MarketsLower TargetC$38.00 ➝ C$35.00
11/5/2021TD SecuritiesLower TargetHoldC$31.00 ➝ C$29.00
11/4/2021National Bank FinancialLower TargetSector PerformC$28.00 ➝ C$27.00
11/4/2021ATB Cormark Capital MarketsBoost TargetOutperformC$34.00 ➝ C$38.00
10/29/2021Laurentian Bank of CanadaUpgradeHold ➝ BuyC$10.00
9/21/2021National Bank FinancialDowngradeOutperform Overweight ➝ Sector PerformC$32.00 ➝ C$28.00
9/20/2021Stifel NicolausDowngradeSellC$22.00
9/20/2021ScotiabankLower TargetC$34.00 ➝ C$32.00
9/20/2021TD SecuritiesDowngradeBuy ➝ HoldC$35.00 ➝ C$31.00
9/20/2021Canadian Imperial Bank of CommerceLower TargetNeutralC$34.00 ➝ C$30.00
9/20/2021ATB Cormark Capital MarketsLower TargetOutperformC$38.00 ➝ C$34.00
8/30/2021Canadian Imperial Bank of CommerceDowngradeOutperform ➝ NeutralC$34.00
8/6/2021TD SecuritiesBoost TargetBuyC$33.00 ➝ C$35.00
8/5/2021ATB Cormark Capital MarketsBoost TargetBuyC$33.00 ➝ C$38.00
7/23/2021Canadian Imperial Bank of CommerceReiterated RatingOutperformC$34.00
5/10/2021TD SecuritiesBoost TargetBuyC$33.00 ➝ C$34.00
5/8/2021ATB Cormark Capital MarketsLower TargetC$35.00 ➝ C$33.00
5/8/2021BMO Capital MarketsLower TargetC$38.00 ➝ C$35.00
5/7/2021ATB Cormark Capital MarketsBoost TargetNAC$33.00 ➝ C$35.00
5/7/2021BMO Capital MarketsBoost TargetNAC$35.00 ➝ C$38.00
5/7/2021ScotiabankLower TargetC$35.00 ➝ C$34.00
5/7/2021National Bank FinancialBoost TargetOutperformC$32.00
(Data available from 3/20/2021 forward)

News Sentiment Rating

0.30 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/21/2025
  • 0 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/20/2025
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
10/20/2025
  • 2 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/19/2025
  • 0 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/19/2025
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/18/2026
  • 5 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/17/2026
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
3/19/2026

Current Sentiment

  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

NFI Group logo
Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today's urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation. With over 9,000 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motorcoaches), Alexander Dennis Limited (single- and double-deck buses), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts¿. NFI currently offers the widest range of sustainable drive systems available, including zero-emission electric (referring to propulsion systems that do not utilize internal combustion engines, such as trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel.
Read More

Today's Range

Now: C$18.10
Low: C$17.55
High: C$18.22

50 Day Range

MA: C$17.21
Low: C$15.82
High: C$18.87

52 Week Range

Now: C$18.10
Low: C$9.83
High: C$19.90

Volume

306,927 shs

Average Volume

317,640 shs

Market Capitalization

C$2.16 billion

P/E Ratio

N/A

Dividend Yield

2.36%

Beta

0.220512

Frequently Asked Questions

What sell-side analysts currently cover shares of NFI Group?

The following Wall Street research analysts have issued research reports on NFI Group in the last year: ATB Cormark Capital Markets, BMO Capital Markets, Canadian Imperial Bank of Commerce, National Bank Financial, Scotiabank, Stifel Nicolaus, and TD Securities.
View the latest analyst ratings for NFI.

What is the current price target for NFI Group?

0 Wall Street analysts have set twelve-month price targets for NFI Group in the last year. Their average twelve-month price target is C$22.43, suggesting a possible upside of 23.9%. ATB Cormark Capital Markets has the highest price target set, predicting NFI will reach C$28.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$17.00 for NFI Group in the next year.
View the latest price targets for NFI.

What is the current consensus analyst rating for NFI Group?

NFI Group currently has 5 buy ratings and 2 strong buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NFI will outperform the market and that investors should add to their positions of NFI Group.
View the latest ratings for NFI.

What other companies compete with NFI Group?

Other companies that are similar to NFI Group include BRP, Boyd Group Services, Linamar, Boyd Group Income Fund and Winpak. Learn More about companies similar to NFI Group.

How do I contact NFI Group's investor relations team?

NFI Group's physical mailing address is 711 Kernaghan Avenue, Winnipeg, MB R2C 3T4, Canada. The company's listed phone number is 204-224-1251. The official website for NFI Group is www.newflyer.com. Learn More about contacing NFI Group investor relations.