TFI International (TSE:TFII) Price Target Raised to C$50.00

TFI International (TSE:TFII) had its price target raised by BMO Capital Markets from C$47.00 to C$50.00 in a research note issued to investors on Tuesday, BayStreet.CA reports.

Other equities research analysts have also recently issued reports about the company. National Bank Financial raised TFI International from a sector perform rating to an outperform rating and upped their price target for the stock from C$48.00 to C$56.00 in a research note on Tuesday, January 21st. CIBC upped their price target on TFI International from C$45.00 to C$48.00 in a research note on Wednesday, January 15th.

Shares of TFI International stock opened at C$48.01 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 1.10 and a debt-to-equity ratio of 151.01. The company has a market cap of $3.61 billion and a PE ratio of 13.40. The business has a 50 day moving average of C$44.28 and a 200 day moving average of C$41.83. TFI International has a 52 week low of C$36.77 and a 52 week high of C$48.53.

In other news, insider TFI International Inc. purchased 12,865 shares of TFI International stock in a transaction that occurred on Friday, December 13th. The shares were bought at an average cost of C$43.79 per share, with a total value of C$563,310.75. Following the completion of the purchase, the insider now directly owns 28,284 shares in the company, valued at C$1,238,451.71.

About TFI International

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload, Truckload, and Logistics and Last Mile segments. The Package and Courier segment engages in the pickup, transport, and delivery of items.

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