TFI International (TSE:TFII) Price Target Cut to C$230.00 by Analysts at Scotiabank

TFI International (TSE:TFII) had its target price dropped by equities research analysts at Scotiabank from C$235.00 to C$230.00 in a report issued on Monday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Scotiabank’s target price would suggest a potential upside of 28.29% from the stock’s previous close.

Several other brokerages also recently weighed in on TFII. CIBC cut their price target on shares of TFI International from C$175.00 to C$172.00 and set an “outperform” rating on the stock in a report on Monday. Cormark increased their price target on shares of TFI International from C$180.00 to C$200.00 and gave the stock a “market perform” rating in a report on Monday, February 12th. BMO Capital Markets increased their price target on shares of TFI International from C$122.00 to C$130.00 and gave the stock a “market perform” rating in a report on Monday, January 8th. Desjardins cut their price target on shares of TFI International from C$216.00 to C$208.00 and set a “buy” rating on the stock in a report on Monday. Finally, Royal Bank of Canada increased their price target on shares of TFI International from C$155.00 to C$173.00 and gave the stock an “outperform” rating in a report on Tuesday, April 16th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$182.78.

TFI International Price Performance

Shares of TSE:TFII opened at C$179.28 on Monday. TFI International has a twelve month low of C$137.36 and a twelve month high of C$220.93. The company’s 50 day moving average is C$205.68 and its 200 day moving average is C$182.07. The company has a current ratio of 1.66, a quick ratio of 1.18 and a debt-to-equity ratio of 113.80. The company has a market cap of C$15.16 billion, a PE ratio of 23.34, a price-to-earnings-growth ratio of 1.01 and a beta of 1.40.

Insider Transactions at TFI International

In other news, Director Frank Paglia sold 705 shares of the 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 other TFI International news, Director John Pratt bought 819 shares of the firm’s stock in a transaction dated Friday, April 26th. The shares were purchased at an average price of C$137.46 per share, for a total transaction of C$112,580.56. Also, Director Frank Paglia sold 705 shares of the stock in a transaction that occurred on 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 the last 90 days, 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. Corporate insiders own 5.75% 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.