TransForce Inc (TSE:TFI) Receives Average Recommendation of “Hold” from Brokerages
Shares of TransForce Inc (TSE:TFI) have been assigned an average recommendation of “Hold” from the nine analysts that are covering the company. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is C$25.11.
A number of brokerages recently issued reports on TFI. CIBC upped their price target on TransForce from C$24.50 to C$26.00 in a report on Monday, June 20th. TD Securities upped their price target on TransForce from C$24.00 to C$25.00 and gave the company a “hold” rating in a report on Monday, July 25th. National Bank Financial increased their price objective on TransForce from C$26.00 to C$27.50 in a report on Tuesday, July 19th. Finally, Scotiabank reissued an “underperform” rating and issued a C$20.50 price objective on shares of TransForce in a report on Friday, July 22nd.
Shares of TransForce (TSE:TFI) opened at 26.75 on Friday. The company has a 50-day moving average of $26.71 and a 200-day moving average of $24.64. The firm has a market cap of $2.48 billion and a PE ratio of 4.21. TransForce has a 1-year low of $18.94 and a 1-year high of $27.66.
TransForce Company Profile
TransForce Inc is engaged in transportation and logistics services across Canada and the United States. The Company’s segments include Package and Courier, Less-Than-Truckload, Truckload, Logistics and Corporate. The Package and Courier segment comprises pickup, transport and delivery of items across North America.
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