TFI International (TSE:TFII) Given New C$90.00 Price Target at JPMorgan Chase & Co.


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TFI International (TSE:TFII) had its price objective hoisted by investment analysts at JPMorgan Chase & Co. from C$76.00 to C$90.00 in a research note issued to investors on Thursday, BayStreet.CA reports. JPMorgan Chase & Co.‘s price objective suggests a potential downside of 6.23% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. Royal Bank of Canada boosted their price objective on TFI International from C$80.00 to C$109.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 26th. TD Securities upped their price objective on TFI International from C$100.00 to C$115.00 and gave the company a “buy” rating in a research note on Wednesday, February 10th. Laurentian Bank of Canada upped their price objective on TFI International from C$75.00 to C$86.00 in a research note on Tuesday, January 26th. Laurentian upped their price objective on TFI International from C$75.00 to C$86.00 in a research note on Tuesday, January 26th. Finally, Stifel Nicolaus upped their price objective on TFI International from C$90.00 to C$115.00 in a research note on Tuesday, January 26th. Five research analysts have rated the stock with a buy rating, TFI International has a consensus rating of “Buy” and a consensus price target of C$99.50.

Shares of TSE:TFII traded up C$0.19 on Thursday, reaching C$95.98. The company had a trading volume of 108,094 shares, compared to its average volume of 367,903. TFI International has a twelve month low of C$31.35 and a twelve month high of C$103.28. The stock has a 50-day moving average price of C$92.01 and a 200 day moving average price of C$74.22. The stock has a market capitalization of C$8.98 billion and a P/E ratio of 31.66. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 68.63.

In related news, Director Alain B├ędard sold 22,560 shares of the stock in a transaction that occurred on Thursday, March 18th. The stock was sold at an average price of C$95.60, for a total transaction of C$2,156,736.00. Following the sale, the director now directly owns 4,165,144 shares in the company, valued at approximately C$398,187,766.40.

About TFI International

TFI International Inc provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items.

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Analyst Recommendations for TFI International (TSE:TFII)

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