TFI International (TSE:TFII) Given New C$208.00 Price Target at Desjardins

TFI International (TSE:TFII) had its price objective reduced by analysts at Desjardins from C$216.00 to C$208.00 in a report issued on Monday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ price target would indicate a potential upside of 16.02% from the stock’s previous close.

TFII has been the subject of a number of other reports. BMO Capital Markets lifted their target price on TFI International from C$122.00 to C$130.00 and gave the company a “market perform” rating in a research note on Monday, January 8th. Scotiabank boosted their price objective on TFI International from C$225.00 to C$235.00 and gave the stock an “outperform” rating in a research report on Monday, March 25th. Cormark boosted their price objective on TFI International from C$180.00 to C$200.00 and gave the stock a “market perform” rating in a research report on Monday, February 12th. CIBC reduced their price objective on TFI International from C$175.00 to C$172.00 and set an “outperform” rating for the company in a research report on Monday. Finally, Royal Bank of Canada boosted their price objective on TFI International from C$155.00 to C$173.00 and gave the stock 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 given a buy rating to the stock. Based on data from MarketBeat, TFI International currently has an average rating of “Moderate Buy” and an average price target of C$182.78.

TFI International Stock Performance

Shares of TFII stock opened at C$179.28 on Monday. The company has a quick ratio of 1.18, a current ratio of 1.66 and a debt-to-equity ratio of 113.80. The business has a 50 day moving average of C$205.68 and a two-hundred day moving average of C$182.07. TFI International has a 52 week low of C$137.36 and a 52 week high of C$220.93. The company has a market cap of C$15.16 billion, a P/E ratio of 23.34, a PEG ratio of 1.01 and a beta of 1.40.

Insider Buying and Selling

In other news, insider TFI International Inc. bought 66,895 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were purchased at an average price of C$191.48 per share, with a total value of C$12,809,348.94. In other news, Director John Pratt bought 819 shares of the business’s stock in a transaction on Friday, April 26th. The shares were bought at an average cost of C$137.46 per share, with a total value of C$112,580.56. Also, insider TFI International Inc. bought 66,895 shares of the business’s stock in a transaction on Thursday, February 8th. The shares were purchased at an average cost of C$191.48 per share, for a total transaction of C$12,809,348.94. Over the last quarter, insiders have bought 69,290 shares of company stock valued at $13,228,693 and have sold 52,706 shares valued at $11,109,229. 5.75% of the stock is 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.