Desjardins Boosts TFI International (TSE:TFII) Price Target to C$183.00

TFI International (TSE:TFII) had its price objective lifted by equities researchers at Desjardins from C$173.00 to C$183.00 in a note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ price target indicates a potential upside of 13.67% from the stock’s current price.

TFII has been the topic of a number of other reports. Stifel Nicolaus lifted their price objective on TFI International from C$100.00 to C$113.00 in a research note on Wednesday, January 21st. Scotiabank increased their target price on TFI International from C$140.00 to C$170.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 21st. Finally, National Bank Financial boosted their target price on TFI International from C$145.00 to C$170.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, TFI International presently has an average rating of “Moderate Buy” and a consensus target price of C$159.00.

TFI International Stock Up 1.0%

Shares of TFII traded up C$1.52 during mid-day trading on Thursday, hitting C$160.99. 84,979 shares of the company’s stock were exchanged, compared to its average volume of 224,841. The stock has a market cap of C$13.25 billion, a price-to-earnings ratio of 41.39, a P/E/G ratio of 1.01 and a beta of 1.21. The firm has a fifty day moving average of C$152.30 and a two-hundred day moving average of C$135.39. The company has a quick ratio of 1.18, a current ratio of 0.98 and a debt-to-equity ratio of 115.17. TFI International has a twelve month low of C$102.57 and a twelve month high of C$172.53.

TFI International (TSE:TFII) last announced its quarterly earnings results on Tuesday, February 17th. The company reported C$1.50 earnings per share for the quarter. The company had revenue of C$2.51 billion during the quarter. TFI International had a return on equity of 16.31% and a net margin of 5.67%. On average, sell-side analysts forecast that TFI International will post 12.2345048 earnings per share for the current year.

TFI International Company Profile

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.