TFI International (TSE:TFII) Given New C$160.00 Price Target at National Bank Financial

TFI International (TSE:TFII) had its target price reduced by National Bank Financial from C$208.00 to C$160.00 in a report issued on Friday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other equities analysts also recently issued reports on the company. Citigroup increased their price target on TFI International from C$143.00 to C$144.00 and gave the stock a “buy” rating in a research report on Tuesday, April 7th. Scotiabank upped their price objective on shares of TFI International from C$170.00 to C$200.00 in a research note on Tuesday, April 28th. Finally, Desjardins increased their target price on shares of TFI International from C$183.00 to C$221.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, TFI International currently has a consensus rating of “Moderate Buy” and an average target price of C$167.60.

TFI International Trading Down 1.5%

Shares of TSE TFII traded down C$3.10 during trading hours on Friday, reaching C$208.85. The stock had a trading volume of 135,836 shares, compared to its average volume of 240,941. TFI International has a 52-week low of C$113.72 and a 52-week high of C$233.85. The firm has a market cap of C$17.16 billion, a price-to-earnings ratio of 58.18, a P/E/G ratio of 1.01 and a beta of 1.77. The business’s fifty day moving average price is C$205.37 and its two-hundred day moving average price is C$174.19. The company has a current ratio of 1.07, a quick ratio of 1.18 and a debt-to-equity ratio of 119.57.

TFI International (TSE:TFII) last released its quarterly earnings data on Monday, April 27th. The company reported C$0.96 EPS for the quarter. The company had revenue of C$2.71 billion for the quarter. TFI International had a return on equity of 11.18% and a net margin of 3.79%. Analysts expect that TFI International will post 12.2345048 EPS for the current fiscal year.

Insider Buying and Selling at TFI International

In other news, Director Alain Bédard sold 5,000 shares of the business’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of C$231.93, for a total value of C$1,159,650.00. Following the completion of the transaction, the director directly owned 145,000 shares of the company’s stock, valued at approximately C$33,629,850. The trade was a 3.33% decrease in their position. Also, insider David Joseph Saperstein sold 4,000 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of C$218.75, for a total value of C$875,000.00. Following the sale, the insider owned 31,811 shares of the company’s stock, valued at C$6,958,656.25. This trade represents a 11.17% decrease in their ownership of the stock. Insiders have sold a total of 70,193 shares of company stock worth $15,213,043 in the last ninety days. Insiders own 5.97% of the company’s stock.

TFI International Company Profile

TFI International Inc is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.