TFI International (TSE:TFII) Price Target Raised to C$173.00 at Desjardins

TFI International (TSE:TFII) had its target price raised by equities researchers at Desjardins from C$170.00 to C$173.00 in a report released on Monday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Desjardins’ target price points to a potential upside of 12.36% from the company’s current price.

A number of other equities analysts have also commented on TFII. Scotiabank reduced their price objective on TFI International from C$144.00 to C$140.00 in a research note on Friday, October 3rd. National Bankshares lifted their price target on TFI International from C$145.00 to C$170.00 and gave the company an “outperform” rating in a report on Friday. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$161.00.

TFI International Price Performance

Shares of TSE TFII traded down C$0.51 during midday trading on Monday, reaching C$153.97. 58,329 shares of the company traded hands, compared to its average volume of 202,050. TFI International has a 12 month low of C$102.57 and a 12 month high of C$201.92. The company has a debt-to-equity ratio of 115.17, a quick ratio of 1.18 and a current ratio of 0.98. The stock’s 50-day simple moving average is C$133.78 and its 200-day simple moving average is C$128.84. The firm has a market cap of C$12.67 billion, a PE ratio of 39.58, a PEG ratio of 1.01 and a beta of 1.27.

TFI International (TSE:TFII) last posted its quarterly earnings data on Thursday, October 30th. The company reported C$1.20 earnings per share for the quarter. The company had revenue of C$2.74 billion during the quarter. TFI International had a net margin of 5.67% and a return on equity of 16.31%. As a group, equities analysts anticipate that TFI International will post 12.2345048 earnings per share for the current fiscal year.

Insider Transactions at TFI International

In related news, insider David Joseph Saperstein sold 1,000 shares of TFI International stock in a transaction dated Friday, November 14th. The stock was sold at an average price of C$119.86, for a total value of C$119,860.00. 5.97% of the stock is currently owned by corporate insiders.

About TFI International

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.