TFI International (NYSE:TFII) Given New $166.00 Price Target at Bank of America

TFI International (NYSE:TFII) had its price target raised by equities research analysts at Bank of America from $154.00 to $166.00 in a research note issued on Monday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Bank of America‘s price target points to a potential upside of 7.37% from the company’s previous close.

Several other equities research analysts have also recently commented on TFII. Royal Bank of Canada reissued an “outperform” rating and set a $155.00 price target on shares of TFI International in a research report on Monday, February 12th. Stifel Nicolaus boosted their price target on shares of TFI International from $148.00 to $149.00 and gave the stock a “buy” rating in a research report on Wednesday, January 10th. Scotiabank raised shares of TFI International from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, January 22nd. JPMorgan Chase & Co. cut their price target on shares of TFI International from $133.00 to $132.00 and set an “overweight” rating on the stock in a research report on Thursday, December 21st. Finally, BMO Capital Markets boosted their price target on shares of TFI International from $130.00 to $140.00 and gave the stock a “market perform” rating in a research report on Monday, February 12th. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $159.83.

TFI International Price Performance

Shares of NYSE TFII opened at $154.61 on Monday. The firm has a market cap of $13.07 billion, a PE ratio of 26.61, a PEG ratio of 4.18 and a beta of 1.52. The company has a current ratio of 1.25, a quick ratio of 1.23 and a debt-to-equity ratio of 0.66. TFI International has a 1-year low of $100.96 and a 1-year high of $162.13. The company has a fifty day moving average price of $151.87 and a 200 day moving average price of $133.20.

TFI International (NYSE:TFII) last announced its earnings results on Friday, February 9th. The company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. The firm had revenue of $1.97 billion during the quarter, compared to analyst estimates of $1.95 billion. TFI International had a net margin of 6.71% and a return on equity of 20.92%. The company’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.72 EPS. Research analysts predict that TFI International will post 7.52 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Weiss Multi Strategy Advisers LLC grew its position in shares of TFI International by 38.1% during the 4th quarter. Weiss Multi Strategy Advisers LLC now owns 36,000 shares of the company’s stock worth $4,895,000 after purchasing an additional 9,930 shares in the last quarter. Argent Capital Management LLC grew its position in shares of TFI International by 2.5% during the 4th quarter. Argent Capital Management LLC now owns 20,313 shares of the company’s stock worth $2,762,000 after purchasing an additional 494 shares in the last quarter. CDAM UK Ltd grew its position in shares of TFI International by 6.9% during the 4th quarter. CDAM UK Ltd now owns 381,912 shares of the company’s stock worth $51,932,000 after purchasing an additional 24,730 shares in the last quarter. Campbell & CO Investment Adviser LLC grew its position in shares of TFI International by 67.0% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 3,842 shares of the company’s stock worth $522,000 after purchasing an additional 1,542 shares in the last quarter. Finally, Parallel Advisors LLC grew its position in shares of TFI International by 2.7% during the 4th quarter. Parallel Advisors LLC now owns 10,625 shares of the company’s stock worth $1,445,000 after purchasing an additional 278 shares in the last quarter. Institutional investors and hedge funds own 73.30% 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.