TFI International (TSE:TFII) Price Target Cut to C$209.00

TFI International (TSE:TFII) had its price target decreased by equities research analysts at Desjardins from C$219.00 to C$209.00 in a report released on Monday, BayStreet.CA reports. The firm presently has a “hold” rating on the stock. Desjardins’ price objective suggests a potential upside of 14.45% from the stock’s current price.

TFII has been the topic of a number of other research reports. National Bankshares lowered their target price on shares of TFI International from C$221.00 to C$209.00 and set a “sector perform” rating on the stock in a research note on Thursday, September 26th. Cormark boosted their price target on shares of TFI International from C$230.00 to C$240.00 in a research note on Monday, July 29th. Finally, Scotiabank raised their price objective on TFI International from C$245.00 to C$250.00 and gave the company an “outperform” rating in a research report on Monday, July 29th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of C$197.57.

TFI International Trading Down 1.4 %

TSE:TFII opened at C$182.61 on Monday. The company’s 50-day simple moving average is C$200.71 and its 200 day simple moving average is C$198.51. The firm has a market capitalization of C$15.45 billion, a P/E ratio of 24.60, a PEG ratio of 1.01 and a beta of 1.39. TFI International has a one year low of C$144.42 and a one year high of C$220.93. The company has a debt-to-equity ratio of 123.42, a current ratio of 0.94 and a quick ratio of 1.18.

Insider Activity

In other TFI International news, Director Leslie Abi-Karam bought 340 shares of the company’s stock in a transaction on Monday, July 29th. The stock was acquired at an average price of C$154.09 per share, for a total transaction of C$52,390.60. In related news, Senior Officer David Joseph Saperstein sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of C$205.00, for a total value of C$410,000.00. Also, Director Leslie Abi-Karam purchased 340 shares of the business’s stock in a transaction dated Monday, July 29th. The shares were purchased at an average price of C$154.09 per share, for a total transaction of C$52,390.60. Insiders own 5.97% 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.