Scotiabank Cuts TFI International (TSE:TFII) Price Target to C$140.00

TFI International (TSE:TFII) had its target price cut by Scotiabank from C$144.00 to C$140.00 in a research note published on Friday,BayStreet.CA reports.

Separately, National Bankshares lowered their target price on TFI International from C$142.00 to C$140.00 and set an “outperform” rating on the stock in a report on Tuesday, July 29th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$150.50.

TFI International Price Performance

Shares of TSE:TFII opened at C$127.19 on Friday. The business’s 50 day simple moving average is C$126.70 and its 200-day simple moving average is C$121.26. The firm has a market capitalization of C$10.56 billion, a price-to-earnings ratio of 29.31, a price-to-earnings-growth ratio of 1.01 and a beta of 1.35. The company has a debt-to-equity ratio of 115.17, a current ratio of 0.98 and a quick ratio of 1.18. TFI International has a 12 month low of C$102.57 and a 12 month high of C$219.48.

Insider Activity at TFI International

In other news, Director Debra Kelly-Ennis bought 1,600 shares of the firm’s stock in a transaction that occurred on Wednesday, July 30th. The shares were purchased at an average price of C$122.34 per share, for a total transaction of C$195,746.04. Also, Director John Pratt bought 832 shares of the stock in a transaction on Wednesday, July 30th. The stock was purchased at an average cost of C$124.19 per share, with a total value of C$103,327.40. In the last quarter, insiders bought 3,573 shares of company stock valued at $437,070. 5.97% of the stock is owned by insiders.

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.