TFI International (TSE:TFII) Price Target Raised to C$250.00

TFI International (TSE:TFII) had its price target raised by Scotiabank from C$245.00 to C$250.00 in a report released on Monday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Scotiabank’s price target suggests a potential upside of 18.77% from the company’s previous close.

TFII has been the subject of several other reports. National Bankshares upgraded shares of TFI International from a “sector perform” rating to an “outperform” rating and lowered their target price for the company from C$222.00 to C$217.00 in a research note on Monday, April 29th. Cormark raised their target price on shares of TFI International from C$230.00 to C$240.00 in a report on Monday. CIBC dropped their price target on shares of TFI International from C$175.00 to C$172.00 and set an “outperform” rating on the stock in a research report on Monday, April 29th. Desjardins cut shares of TFI International from a “buy” rating to a “hold” rating and boosted their target price for the stock from C$207.00 to C$219.00 in a research note on Wednesday, July 17th. Finally, Royal Bank of Canada upped their price objective on shares of TFI International from C$155.00 to C$173.00 and gave the company an “outperform” rating in a research note on Tuesday, April 16th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$194.38.

TFI International Trading Down 1.0 %

TFI International stock traded down C$2.06 during midday trading on Monday, reaching C$210.49. The stock had a trading volume of 150,601 shares, compared to its average volume of 202,282. The company has a quick ratio of 1.18, a current ratio of 1.66 and a debt-to-equity ratio of 113.80. The firm has a market cap of C$17.80 billion, a price-to-earnings ratio of 27.37, a price-to-earnings-growth ratio of 1.01 and a beta of 1.44. The company has a fifty day moving average of C$195.03 and a 200 day moving average of C$195.71. TFI International has a 52-week low of C$144.42 and a 52-week high of C$220.93.

Insider Activity at TFI International

In other TFI International news, Director Steven Brookshaw sold 6,577 shares of TFI International stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of C$187.89, for a total transaction of C$1,235,739.38. In other news, Director Steven Brookshaw sold 6,577 shares of the business’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of C$187.89, for a total transaction of C$1,235,739.38. Also, Director Alain Bédard sold 15,995 shares of the business’s stock in a transaction on Wednesday, June 12th. The stock was sold at an average price of C$193.46, for a total transaction of C$3,094,381.50. 5.91% of the stock is owned by insiders.

About TFI International

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. 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 in North America.