TFI International (TSE:TFII) Given New C$208.00 Price Target at Desjardins

TFI International (TSE:TFII) had its price target reduced by Desjardins from C$216.00 to C$208.00 in a research report released on Monday, BayStreet.CA reports. Desjardins currently has a buy rating on the stock.

TFII has been the topic of a number of other reports. National Bankshares lifted their price objective on shares of TFI International from C$209.00 to C$222.00 and gave the company a sector perform rating in a report on Wednesday, March 27th. BMO Capital Markets boosted their target price 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. Cormark boosted their target price 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. CIBC lowered their target price 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. Finally, Royal Bank of Canada boosted their target price 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 research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average target price of C$182.78.

TFI International Price Performance

TSE TFII opened at C$178.50 on Monday. The company has a quick ratio of 1.18, a current ratio of 1.66 and a debt-to-equity ratio of 113.80. TFI International has a 12-month low of C$137.36 and a 12-month high of C$220.93. The company has a market capitalization of C$15.09 billion, a PE ratio of 23.24, a price-to-earnings-growth ratio of 1.01 and a beta of 1.40. The firm’s 50 day moving average is C$205.35 and its 200-day moving average is C$182.04.

Insiders Place Their Bets

In other TFI International news, Senior Officer David Joseph Saperstein sold 2,000 shares of TFI International stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of C$210.00, for a total transaction of C$420,000.00. In other news, Senior Officer David Joseph Saperstein sold 2,000 shares of the business’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$210.00, for a total value of C$420,000.00. Also, Director Alain Bédard sold 30,000 shares of the business’s stock in a transaction dated Monday, March 25th. The shares were sold at an average price of C$217.23, for a total transaction of C$6,516,822.00. Over the last ninety days, insiders purchased 69,290 shares of company stock valued at $13,228,693 and sold 52,706 shares valued at $11,109,229. Company insiders own 5.75% of the company’s stock.

About TFI International

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.