TFI International Inc. (NYSE:TFII) Receives $169.13 Consensus Target Price from Analysts

TFI International Inc. (NYSE:TFII) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are presently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $170.85.

A number of research analysts recently weighed in on TFII shares. CIBC lifted their price objective on shares of TFI International from $166.00 to $176.00 and gave the company an “outperformer” rating in a report on Wednesday, December 4th. TD Cowen dropped their price target on shares of TFI International from $180.00 to $171.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. reduced their price objective on TFI International from $181.00 to $178.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. Susquehanna lowered their target price on TFI International from $180.00 to $170.00 and set a “positive” rating for the company in a research note on Wednesday, October 23rd. Finally, Stifel Nicolaus increased their price target on TFI International from $139.00 to $147.00 and gave the company a “hold” rating in a research report on Thursday, January 30th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Plato Investment Management Ltd purchased a new stake in shares of TFI International in the third quarter valued at about $134,000. Entropy Technologies LP purchased a new stake in TFI International during the 3rd quarter valued at approximately $643,000. Legato Capital Management LLC lifted its position in TFI International by 8.9% during the 4th quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock worth $1,414,000 after acquiring an additional 859 shares during the period. Canoe Financial LP purchased a new position in shares of TFI International in the 4th quarter valued at approximately $1,853,000. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of TFI International in the third quarter valued at approximately $2,373,000. 73.30% of the stock is owned by hedge funds and other institutional investors.

TFI International Stock Performance

NYSE TFII opened at $129.88 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.98 and a quick ratio of 0.96. The company has a market cap of $10.94 billion, a P/E ratio of 23.61, a P/E/G ratio of 1.48 and a beta of 1.57. The stock has a 50-day moving average of $138.63 and a two-hundred day moving average of $141.79. TFI International has a 1-year low of $124.36 and a 1-year high of $162.13.

About TFI International

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.