CIBC Raises TFI International (NYSE:TFII) Price Target to $167.00

TFI International (NYSE:TFIIGet Free Report) had its target price upped by equities research analysts at CIBC from $158.00 to $167.00 in a report released on Monday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. CIBC’s price target suggests a potential upside of 16.66% from the stock’s current price.

A number of other research firms also recently weighed in on TFII. BMO Capital Markets lifted their price target on shares of TFI International from $130.00 to $140.00 and gave the company a “market perform” rating in a research report on Monday. Susquehanna lowered their price objective on shares of TFI International from $155.00 to $140.00 and set a “positive” rating for the company in a research report on Wednesday, October 25th. Desjardins lowered their price objective on shares of TFI International from $192.00 to $182.00 and set a “buy” rating for the company in a research report on Wednesday, October 25th. Stephens lowered their price objective on shares of TFI International from $170.00 to $160.00 and set an “overweight” rating for the company in a research report on Wednesday, October 25th. Finally, Scotiabank upgraded shares of TFI International from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, January 22nd. Four equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $155.61.

Check Out Our Latest Stock Analysis on TFII

TFI International Stock Up 0.6 %

Shares of TFII traded up $0.85 during midday trading on Monday, hitting $143.15. The stock had a trading volume of 261,156 shares, compared to its average volume of 322,049. The company has a 50 day simple moving average of $129.76 and a two-hundred day simple moving average of $126.11. TFI International has a twelve month low of $100.96 and a twelve month high of $145.00. The firm has a market cap of $12.09 billion, a price-to-earnings ratio of 24.51, a price-to-earnings-growth ratio of 2.68 and a beta of 1.52. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.25 and a quick ratio of 1.23.

TFI International (NYSE:TFIIGet Free Report) last posted its quarterly earnings results on Friday, February 9th. The company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. TFI International had a return on equity of 20.92% and a net margin of 6.71%. The business had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter last year, the company posted $1.72 earnings per share. TFI International’s quarterly revenue was up .6% on a year-over-year basis. On average, analysts anticipate that TFI International will post 7.78 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Marshall Wace LLP purchased a new position in TFI International in the 4th quarter worth approximately $5,941,000. JPMorgan Chase & Co. grew its holdings in TFI International by 11.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 355,237 shares of the company’s stock valued at $40,483,000 after buying an additional 37,443 shares during the last quarter. Leuthold Group LLC acquired a new stake in shares of TFI International during the 2nd quarter worth approximately $3,270,000. Geode Capital Management LLC grew its holdings in shares of TFI International by 9.8% during the 2nd quarter. Geode Capital Management LLC now owns 277,978 shares of the company’s stock worth $31,698,000 after purchasing an additional 24,872 shares in the last quarter. Finally, AGF Management Ltd. boosted its stake in TFI International by 67.0% in the 2nd quarter. AGF Management Ltd. now owns 50,998 shares of the company’s stock valued at $5,810,000 after buying an additional 20,453 shares in the last quarter. Institutional investors and hedge funds own 60.32% of the company’s stock.

About TFI International

(Get Free Report)

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 (NYSE:TFII)

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