TFI International (TSE:TFII) Stock Price Expected to Rise, Scotiabank Analyst Says

TFI International (TSE:TFII) had its price objective hoisted by investment analysts at Scotiabank from C$140.00 to C$170.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. Scotiabank’s price target points to a potential upside of 10.47% from the stock’s current price.

Several other research analysts have also weighed in on TFII. National Bankshares boosted their price objective on shares of TFI International from C$145.00 to C$170.00 and gave the stock an “outperform” rating in a research note on Friday, January 9th. Desjardins lifted their price target on TFI International from C$170.00 to C$173.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Finally, Stifel Nicolaus upped their price objective on TFI International from C$100.00 to C$113.00 in a research note on Wednesday. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$156.50.

TFI International Stock Up 2.4%

Shares of TSE TFII traded up C$3.56 during mid-day trading on Wednesday, hitting C$153.89. The company had a trading volume of 334,260 shares, compared to its average volume of 209,433. TFI International has a one year low of C$102.57 and a one year high of C$201.92. The company has a market capitalization of C$12.66 billion, a PE ratio of 39.56, a price-to-earnings-growth ratio of 1.01 and a beta of 1.27. The company has a current ratio of 0.98, a quick ratio of 1.18 and a debt-to-equity ratio of 115.17. The firm has a 50-day simple moving average of C$138.25 and a two-hundred day simple moving average of C$130.33.

TFI International (TSE:TFII) last posted its quarterly earnings results on Thursday, October 30th. The company reported C$1.20 earnings per share for the quarter. TFI International had a return on equity of 16.31% and a net margin of 5.67%.The firm had revenue of C$2.74 billion during the quarter. On average, equities analysts expect that TFI International will post 12.2345048 EPS for the current year.

Insider Activity at TFI International

In related news, insider David Joseph Saperstein sold 1,000 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of C$119.86, for a total transaction of C$119,860.00. Company insiders own 5.97% of the company’s stock.

About TFI International

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.