Scotiabank sets CAD 28.50 target for NFI Group stock

Published on 10/17/2026 at 21:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NFI Group posted CAD 1.0 billion revenue for the second quarter. NFI Group stock costs EUR 15.95 on October 16, 2026, down 0.31 percent versus Tradegate.

Analyst target and results date

Scotiabank analyst Jonathan Goldman maintained a Buy rating and a CAD 28.50 target on October 15, 2026.
NFI Group reported CAD 1.0 billion in second-quarter revenue, compared with CAD 868.17 million a year earlier.
NFI Group stock stood at EUR 15.95 at Lang & Schwarz on October 16, 2026 at 10:58 p.m. CEST, down 0.31 percent versus the Tradegate close of October 16, 2026.
NFI Group scheduled its third-quarter 2026 financial results call for November 6, 2026.

NFI, CA62910L1022, Illustration mit AI erstellt.

Scotiabank analyst Jonathan Goldman maintained a Buy rating on NFI Group and a CAD 28.50 price target in a report dated October 15, 2026, according to Markets Insider. Against NFI Group's CAD 25.32 Toronto Stock Exchange close on October 16, 2026, the target implies 12.56 percent upside. The last Lang & Schwarz indication stood at EUR 15.95 on October 16, 2026 at 10:58 p.m. CEST, down 0.31 percent versus the Tradegate close of October 16, 2026 at EUR 16.00.

Revenue reached CAD 1.0 billion

NFI Group's second-quarter revenue reached CAD 1.0 billion, compared with CAD 868.17 million in the same period a year earlier. The company also reported net profit of CAD 16.95 million, while the prior-year quarter recorded a GAAP net loss of CAD 160.77 million, according to Markets Insider.

Stock position and trading frame

The Toronto-listed stock closed at CAD 25.32 on October 16, 2026, down CAD 0.12, or 0.47 percent, from the previous session. Its 52-week range was CAD 12.50 to CAD 26.40, placing the latest close 4.09 percent below the high and 102.56 percent above the low. Trading volume was 207,552 shares against a 259,532-share average.

For German investors, the EUR 15.95 indication sits below the EUR 16.40 high recorded in the available 52-week euro range. The Canadian listing remains the primary market, so the CAD figures provide the operating and valuation context while the Lang & Schwarz quotation frames the euro perspective.

Valuation and November results date

NFI Group's market capitalization was CAD 3.0 billion on October 16, 2026, with a trailing P/E ratio of 37.58. The official investor-relations calendar lists the next financial results call for November 6, 2026 at 9:30 a.m. EST, covering the third quarter of 2026, according to NFI Group.

Comparison with peers

NFI Group: down 0.31 percent, P/E 37.58, market capitalization CAD 3.0 billion
Blue Bird Corporation (Nasdaq, USD): down 0.21 percent, P/E 6.98, market capitalization USD 1.8 billion
REV Group (NYSE, USD): down 1.99 percent, P/E 40.96, market capitalization USD 3.1 billion

Euro quote and investor dates

The stock's Canadian close and the euro indication point to a stable end to the completed trading session, while the CAD 28.50 target gives investors a dated benchmark for the next valuation discussion. The November 6 results call is the next scheduled company event and will provide the next reported operating checkpoint.

The price stood at EUR 15.95 at Lang & Schwarz on October 16, 2026 at 10:58 p.m. CEST, down 0.31 percent versus the Tradegate close of October 16, 2026 at EUR 16.00. The further course of trading is shown by the continuously updated real-time quote of NFI Group stock.