RBC Capital Markets Raises TransForce Inc (TFI) Price Target to C$29.00
TransForce Inc (TSE:TFI) had its price target lifted by RBC Capital Markets from C$23.00 to C$29.00 in a research note published on Friday morning. The firm currently has a sector perform rating on the stock.
Several other analysts have also weighed in on TFI. Royal Bank Of Canada raised their price objective on shares of TransForce from C$23.00 to C$29.00 and gave the stock a sector perform rating in a report on Friday, October 7th. CIBC raised their price objective on shares of TransForce from C$24.50 to C$26.00 in a report on Monday, June 20th. TD Securities raised their price objective on shares of TransForce from C$24.00 to C$25.00 and gave the stock a hold rating in a report on Monday, July 25th. National Bank Financial raised their price objective on shares of TransForce from C$26.00 to C$27.50 in a report on Tuesday, July 19th. Finally, Scotiabank reaffirmed an underperform rating and set a C$20.50 price objective on shares of TransForce in a report on Friday, July 22nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of C$26.50.
Shares of TransForce (TSE:TFI) opened at 27.46 on Friday. TransForce has a 12 month low of $18.94 and a 12 month high of $27.72. The firm has a market cap of $2.55 billion and a P/E ratio of 4.32. The stock’s 50 day moving average price is $26.85 and its 200-day moving average price is $24.80.
TransForce Company Profile
TransForce Inc is engaged in transportation and logistics services across Canada and the United States. The Company’s segments include Package and Courier, Less-Than-Truckload, Truckload, Logistics and Corporate. The Package and Courier segment comprises pickup, transport and delivery of items across North America.
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