Royal Bank of Canada Increases TFI International (TSE:TFII) Price Target to C$173.00

TFI International (TSE:TFII) had its price objective hoisted by investment analysts at Royal Bank of Canada from C$155.00 to C$173.00 in a note issued to investors on Tuesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Royal Bank of Canada’s price objective suggests a potential downside of 12.96% from the stock’s current price.

Several other analysts have also issued reports on TFII. Desjardins raised their price target on shares of TFI International from C$208.00 to C$216.00 and gave the stock a “buy” rating in a research report on Monday, February 12th. Scotiabank boosted their price target on shares of TFI International from C$225.00 to C$235.00 and gave the stock an “outperform” rating in a research note on Monday, March 25th. BMO Capital Markets boosted their price target on shares of TFI International from C$122.00 to C$130.00 and gave the stock a “market perform” rating in a research note on Monday, January 8th. National Bankshares boosted their price objective on shares of TFI International from C$209.00 to C$222.00 and gave the company a “sector perform” rating in a report on Wednesday, March 27th. Finally, Cormark upped their price target on shares of TFI International from C$180.00 to C$200.00 and gave the company a “market perform” rating in a report on Monday, February 12th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$186.38.

TFI International Stock Down 7.0 %

TFII stock opened at C$198.77 on Tuesday. TFI International has a 12-month low of C$137.36 and a 12-month high of C$220.93. The company has a quick ratio of 1.18, a current ratio of 1.25 and a debt-to-equity ratio of 90.47. The company has a market cap of C$16.80 billion, a price-to-earnings ratio of 25.26, a PEG ratio of 1.01 and a beta of 1.40. The company has a 50 day moving average of C$206.07 and a two-hundred day moving average of C$180.59.

Insider Activity at TFI International

In other TFI International news, Director Alain Bédard sold 30,000 shares of the stock in a transaction dated Monday, March 25th. The shares were sold at an average price of C$217.23, for a total transaction of C$6,516,822.00. In other TFI International news, insider TFI International Inc. purchased 66,895 shares of the firm’s stock in a transaction on Thursday, February 8th. The stock was acquired at an average price of C$191.48 per share, for a total transaction of C$12,809,348.94. Also, Director Alain Bédard sold 30,000 shares of the company’s stock in a transaction on Monday, March 25th. The stock was sold at an average price of C$217.23, for a total transaction of C$6,516,822.00. Over the last three months, insiders have acquired 68,471 shares of company stock worth $13,116,112 and have sold 52,706 shares worth $11,109,229. 5.73% of the stock is currently owned by corporate insiders.

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.