{"id":71186,"date":"2026-01-23T06:00:54","date_gmt":"2026-01-23T06:00:54","guid":{"rendered":"https:\/\/www.stocktargetadvisor.com\/blog\/?p=71186"},"modified":"2026-01-23T16:05:03","modified_gmt":"2026-01-23T16:05:03","slug":"nfi-group-inc-nfica-scotiabank-upgraded-its-rating-on-nfi-group-to-outperform-and-increased-the-12-month-target-price-to-22-00-from-16-00-the-revision-reflects-the-banks-confidence-in","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/nfi-group-inc-nfica-scotiabank-upgraded-its-rating-on-nfi-group-to-outperform-and-increased-the-12-month-target-price-to-22-00-from-16-00-the-revision-reflects-the-banks-confidence-in\/","title":{"rendered":"NFI Group Inc. (NFI:CA): Scotiabank Upgraded Target Price to $22"},"content":{"rendered":"

NFI Group Inc. (NFI:CA)<\/strong><\/a><\/h2>\n

Analyst Update<\/strong><\/h3>\n

Scotiabank recenty upgraded its rating on NFI Group to Outperform and increased the 12-month target price to $22.00 from $16.00. The revision reflects the bank\u2019s confidence in the company\u2019s improving manufacturing execution, which has become more consistent and efficient, as well as enhanced backlog visibility that supports stronger revenue predictability. Analysts noted that NFI\u2019s operational improvements, coupled with a robust order book and potential growth in electric and sustainable transit solutions, position the company well for near- to mid-term performance. The upgrade signals optimism about the firm\u2019s ability to capture market opportunities, mitigate operational risks, and maintain momentum in a competitive transportation manufacturing sector.<\/p>\n","protected":false},"excerpt":{"rendered":"

NFI Group Inc. (NFI:CA) Analyst Update Scotiabank recenty upgraded its rating on NFI Group to Outperform and increased the 12-month target price to $22.00 from…<\/p>\n","protected":false},"author":3,"featured_media":21680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-71186","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"acf":[],"yoast_head":"\nNFI Group Inc. 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