TFI International (NYSE:TFII) Given New $50.00 Price Target at Bank of America
TFI International (NYSE:TFII) had its target price lifted by investment analysts at Bank of America from $49.00 to $50.00 in a research note issued on Wednesday, Stock Target Advisor reports. The brokerage currently has a “buy” rating on the stock. Bank of America‘s price objective would indicate a potential upside of 16.55% from the company’s previous close.
A number of other research firms also recently issued reports on TFII. Royal Bank of Canada boosted their price target on shares of TFI International from $62.00 to $68.00 and gave the company an “outperform” rating in a research note on Friday, September 4th. Credit Suisse Group increased their target price on TFI International from $45.00 to $52.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Morgan Stanley increased their price target on shares of TFI International from $40.00 to $44.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. CIBC lifted their price objective on shares of TFI International from $55.00 to $61.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Finally, BMO Capital Markets upped their price objective on TFI International from $54.00 to $62.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $53.78.
NYSE:TFII traded up $0.63 during trading hours on Wednesday, hitting $42.90. The company had a trading volume of 1,946 shares, compared to its average volume of 157,953. TFI International has a 1 year low of $15.24 and a 1 year high of $46.09. The business’s 50-day moving average price is $44.00. The company has a quick ratio of 0.73, a current ratio of 0.75 and a debt-to-equity ratio of 0.74.
TFI International Company Profile
TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload, Truckload, and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items.
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