TransForce Inc (TSE:TFI) had its target price hoisted by CIBC from C$26.00 to C$28.50 in a research note published on Tuesday morning.

Other equities research analysts have also recently issued reports about the company. National Bank Financial boosted their price objective on TransForce from C$26.00 to C$27.50 in a research note on Tuesday, July 19th. TD Securities boosted their price objective on TransForce from C$24.00 to C$25.00 and gave the stock a hold rating in a research note on Monday, July 25th. RBC Capital Markets boosted their price objective on TransForce from C$23.00 to C$29.00 and gave the stock a sector perform rating in a research note on Friday, October 7th. Royal Bank Of Canada boosted their price objective on TransForce from C$23.00 to C$29.00 and gave the stock a sector perform rating in a research note on Friday, October 7th. Finally, Scotiabank reissued an underperform rating and set a C$20.50 price objective on shares of TransForce in a research note on Friday, July 22nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of C$26.50.

Analyst Recommendations for TransForce (TSE:TFI)

TransForce (TSE:TFI) opened at 27.46 on Tuesday. The stock has a 50 day moving average price of $26.85 and a 200-day moving average price of $24.80. TransForce has a 12-month low of $18.94 and a 12-month high of $27.72. The stock has a market capitalization of $2.55 billion and a PE ratio of 4.32.

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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