Is Buying Stock Like New Flyer Industries Inc After Such Increase Winning Strategy?

 Is Buying Stock Like New Flyer Industries Inc After Such Increase Winning Strategy?

The stock of New Flyer Industries Inc (TSE:NFI) is a huge mover today! About 508,233 shares traded hands or 132.34% up from the average. New Flyer Industries Inc (TSE:NFI) has risen 5.26% since April 7, 2016 and is uptrending. It has underperformed by 0.88% the S&P500.
The move comes after 8 months positive chart setup for the $2.32 billion company. It was reported on Nov, 11 by Barchart.com. We have $47.17 PT which if reached, will make TSE:NFI worth $464.00M more.

New Flyer Industries Inc (TSE:NFI) Ratings Coverage

Out of 3 analysts covering New Flyer Industries Inc. (TSE:NFI), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. New Flyer Industries Inc. has been the topic of 14 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Monday, August 10 by Canaccord Genuity. IBC upgraded the shares of NFI in a report on Friday, August 7 to “Sector Outperformer” rating. National Bank Canada maintained it with “Outperform” rating and $20 target price in Monday, August 10 report. The firm earned “Outperform” rating on Friday, September 23 by Scotia Capital. The firm has “Outperform” rating given on Tuesday, October 25 by Scotia Capital.

More important recent New Flyer Industries Inc (TSE:NFI) news were published by: Theglobeandmail.com which released: “The Globe and Mail” on August 22, 2011, also Forbes.com published article titled: “New Flyer Industries (NFI) Shares Cross 7% Yield Mark”, Theglobeandmail.com published: “Hold off on buying shares in New Flyer Industries” on November 02, 2015. More interesting news about New Flyer Industries Inc (TSE:NFI) was released by: Fool.ca and their article: “Why Did New Flyer Industries Inc. Hit All-Time Highs Last Week?” with publication date: March 14, 2016.

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