Desjardins Trims TFI International (TSE:TFII) Target Price to C$208.00

TFI International (TSE:TFII) had its target price reduced by stock analysts at Desjardins from C$216.00 to C$208.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ target price indicates a potential upside of 12.72% from the stock’s current price.

Several other research analysts also recently issued reports on the stock. National Bankshares upped their target price on shares of TFI International from C$209.00 to C$222.00 and gave the stock a “sector perform” rating in a research note on Wednesday, March 27th. Scotiabank increased their price objective on shares of TFI International from C$225.00 to C$235.00 and gave the company an “outperform” rating in a research report on Monday, March 25th. CIBC lowered their price objective 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. BMO Capital Markets increased their price objective on shares of TFI International from C$122.00 to C$130.00 and gave the company a “market perform” rating in a research report on Monday, January 8th. Finally, Royal Bank of Canada increased 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 report on Tuesday, April 16th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, TFI International has a consensus rating of “Moderate Buy” and an average target price of C$182.78.

TFI International Stock Down 1.8 %

TFII traded down C$3.35 during midday trading on Monday, reaching C$184.52. The company’s stock had a trading volume of 155,171 shares, compared to its average volume of 190,745. The firm has a market capitalization of C$15.59 billion, a price-to-earnings ratio of 23.54, a PEG ratio of 1.01 and a beta of 1.40. The company has a current ratio of 1.25, a quick ratio of 1.18 and a debt-to-equity ratio of 90.47. TFI International has a 1 year low of C$137.36 and a 1 year high of C$220.93. The stock’s 50-day moving average is C$206.24 and its 200-day moving average is C$181.86.

Insider Transactions at TFI International

In other news, Director Frank Paglia sold 705 shares of the stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of C$196.85, for a total value of C$138,780.24. In related news, insider TFI International Inc. bought 66,895 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The stock was bought at an average cost of C$191.48 per share, with a total value of C$12,809,348.94. Also, Director Frank Paglia sold 705 shares of the firm’s stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of C$196.85, for a total transaction of C$138,780.24. Over the last three months, insiders bought 69,290 shares of company stock valued at $13,228,693 and sold 52,706 shares valued at $11,109,229. Corporate insiders own 5.73% of the company’s stock.

TFI International Company Profile

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.