TFI International (NYSE:TFII – Get Free Report) had its price objective decreased by analysts at Susquehanna from $135.00 to $105.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “positive” rating on the stock. Susquehanna’s price target points to a potential upside of 36.36% from the company’s current price.
Other analysts have also recently issued research reports about the stock. Citigroup reduced their price objective on shares of TFI International from $162.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, February 25th. Stifel Nicolaus reduced their price target on TFI International from $147.00 to $120.00 and set a “hold” rating on the stock in a research report on Friday, February 21st. Royal Bank of Canada decreased their price target on TFI International from $156.00 to $127.00 and set an “outperform” rating for the company in a research note on Friday, February 21st. CIBC cut their price objective on TFI International from $160.00 to $141.00 and set an “outperformer” rating on the stock in a research note on Friday, February 21st. Finally, Bank of America downgraded shares of TFI International from a “neutral” rating to an “underperform” rating in a research report on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $143.71.
Check Out Our Latest Report on TFII
TFI International Price Performance
TFI International (NYSE:TFII – Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.40). TFI International had a net margin of 5.08% and a return on equity of 18.40%. The business had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $1.54 billion. Analysts expect that TFI International will post 7.76 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. increased its holdings in shares of TFI International by 124.8% during the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock valued at $32,000 after acquiring an additional 131 shares in the last quarter. CIBC Private Wealth Group LLC grew its position in TFI International by 40.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock valued at $74,000 after purchasing an additional 160 shares during the period. Entropy Technologies LP grew its position in TFI International by 97.8% in the 4th quarter. Entropy Technologies LP now owns 9,295 shares of the company’s stock valued at $1,256,000 after purchasing an additional 4,595 shares during the period. Legato Capital Management LLC increased its stake in TFI International by 8.9% during the 4th quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock valued at $1,414,000 after purchasing an additional 859 shares in the last quarter. Finally, Canoe Financial LP acquired a new position in TFI International during the fourth quarter worth $1,853,000. 73.30% of the stock is owned by institutional investors and hedge funds.
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.
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