TFI International (TSE:TFII) Price Target Raised to C$170.00

TFI International (TSE:TFII) had its target price lifted by equities research analysts at Scotiabank from C$140.00 to C$170.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. Scotiabank’s price objective points to a potential upside of 10.47% from the company’s previous close.

A number of other research firms also recently weighed in on TFII. Stifel Nicolaus increased their price target on TFI International from C$100.00 to C$113.00 in a research note on Wednesday. National Bankshares increased their price target on shares of TFI International from C$145.00 to C$170.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Finally, Desjardins upped their target price on shares of TFI International from C$170.00 to C$173.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$156.50.

TFI International Trading Up 2.4%

Shares of TFII traded up C$3.56 during trading hours on Wednesday, hitting C$153.89. 334,260 shares of the stock traded hands, compared to its average volume of 209,433. The business has a fifty day moving average of C$138.25 and a 200-day moving average of C$130.33. The firm has a market capitalization of C$12.66 billion, a PE ratio of 39.56, a price-to-earnings-growth ratio of 1.01 and a beta of 1.27. TFI International has a 1-year low of C$102.57 and a 1-year high of C$201.92. The company has a current ratio of 0.98, a quick ratio of 1.18 and a debt-to-equity ratio of 115.17.

TFI International (TSE:TFII) last announced its quarterly earnings data on Thursday, October 30th. The company reported C$1.20 earnings per share for the quarter. The firm had revenue of C$2.74 billion during the quarter. TFI International had a return on equity of 16.31% and a net margin of 5.67%. Analysts expect that TFI International will post 12.2345048 EPS for the current year.

Insider Activity at TFI International

In related news, insider David Joseph Saperstein sold 1,000 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of C$119.86, for a total transaction of C$119,860.00. 5.97% of the stock is currently 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. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.