Royal Bank of Canada Raises TFI International (TSE:TFII) Price Target to C$173.00

TFI International (TSE:TFII) had its target price lifted by Royal Bank of Canada from C$155.00 to C$173.00 in a research note published on Tuesday, BayStreet.CA reports. Royal Bank of Canada currently has an outperform rating on the stock.

A number of other research analysts have also recently weighed in on TFII. Cormark raised their price objective on shares of TFI International from C$180.00 to C$200.00 and gave the stock a market perform rating in a research note on Monday, February 12th. Desjardins lifted their target price on shares of TFI International from C$208.00 to C$216.00 and gave the stock a buy rating in a research note on Monday, February 12th. National Bankshares lifted their target price on shares of TFI International from C$209.00 to C$222.00 and gave the stock a sector perform rating in a research note on Wednesday, March 27th. BMO Capital Markets lifted their target price on shares of TFI International from C$122.00 to C$130.00 and gave the stock a market perform rating in a research note on Monday, January 8th. Finally, Scotiabank lifted their target price on shares of TFI International from C$225.00 to C$235.00 and gave the stock an outperform rating in a research note on Monday, March 25th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of Moderate Buy and a consensus target price of C$186.38.

TFI International Price Performance

Shares of TSE:TFII opened at C$195.10 on Tuesday. The company has a 50-day moving average price of C$206.16 and a 200 day moving average price of C$180.69. TFI International has a 52 week low of C$137.36 and a 52 week high of C$220.93. The company has a quick ratio of 1.18, a current ratio of 1.25 and a debt-to-equity ratio of 90.47. The company has a market cap of C$16.49 billion, a P/E ratio of 24.79, a PEG ratio of 1.01 and a beta of 1.40.

Insider Activity at TFI International

In other TFI International news, Director Frank Paglia sold 705 shares of the company’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of C$196.85, for a total value of C$138,780.24. In related news, insider TFI International Inc. purchased 66,895 shares of TFI International stock in a transaction dated Thursday, February 8th. The stock was bought at an average cost of C$191.48 per share, with a total value of C$12,809,348.94. Also, Director Frank Paglia sold 705 shares of the company’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of C$196.85, for a total transaction of C$138,780.24. In the last quarter, insiders acquired 68,471 shares of company stock valued at $13,116,112 and sold 52,706 shares valued at $11,109,229. Insiders own 5.73% 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.