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TSE:NFI
This summary was created by AI, based on 6 opinions in the last 12 months.
New Flyer Industries Inc. (NFI-T) is currently viewed as a compelling investment opportunity, with experts noting a full order backlog and controlled supply chain issues. While the company has faced challenges such as battery recalls and supply shortages, these are viewed as transient problems. Analysts express confidence that stronger profitability is on the horizon as demand for their products grows. Additionally, the reduction in competition from peers that have exited the market has improved pricing power. Although the company does not offer a dividend currently, there is hope it may be reinstated in the coming years. Overall, investors are encouraged to be patient as the stock price is deemed lower than it should be, particularly in light of its essential service nature.
A value stock that has been much higher in the past. It looks cheap today. CIBC analysts expect the takeover value to be $40 per share. He would be a buyer at $27 and has been doing so for his own account.