TFI International (TSE:TFII) Price Target Raised to C$245.00

TFI International (TSE:TFII) had its price target upped by Desjardins from C$221.00 to C$245.00 in a research note published on Tuesday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other brokerages also recently weighed in on TFII. Citigroup upped their price target on shares of TFI International from C$143.00 to C$144.00 and gave the company a “buy” rating in a report on Tuesday, April 7th. National Bank Financial lowered their price objective on shares of TFI International from C$208.00 to C$160.00 and set an “outperform” rating on the stock in a research note on Friday, July 10th. Finally, Scotiabank upgraded shares of TFI International from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the stock from C$200.00 to C$260.00 in a report on Thursday, July 16th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, TFI International presently has a consensus rating of “Buy” and an average target price of C$184.40.

TFI International Trading Down 5.1%

Shares of TFI International stock opened at C$188.25 on Tuesday. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 111.46. The firm has a market cap of C$15.47 billion, a price-to-earnings ratio of 52.44, a price-to-earnings-growth ratio of 1.01 and a beta of 1.77. The business has a fifty day simple moving average of C$210.43 and a 200-day simple moving average of C$180.59. TFI International has a fifty-two week low of C$113.72 and a fifty-two week high of C$233.85.

TFI International (TSE:TFII) last released its earnings results on Monday, July 27th. The company reported C$2.63 earnings per share (EPS) for the quarter. The firm had revenue of C$3.25 billion for the quarter. TFI International had a return on equity of 12.39% and a net margin of 4.11%. On average, equities analysts forecast that TFI International will post 12.2345048 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Alain Bédard sold 5,000 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of C$231.93, for a total value of C$1,159,650.00. Following the completion of the transaction, the director owned 145,000 shares in the company, valued at C$33,629,850. This trade represents a 3.33% decrease in their position. Also, insider David Joseph Saperstein sold 4,000 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of C$218.75, for a total value of C$875,000.00. Following the completion of the transaction, the insider owned 31,811 shares of the company’s stock, valued at C$6,958,656.25. This trade represents a 11.17% decrease in their position. Insiders have sold 70,193 shares of company stock worth $15,213,043 over the last ninety days. 5.97% of the stock is owned by insiders.

TFI International Company Profile

TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.