Stifel Nicolaus Raises TFI International (TSE:TFII) Price Target to C$113.00

TFI International (TSE:TFII) had its target price boosted by Stifel Nicolaus from C$100.00 to C$113.00 in a research report issued on Wednesday,BayStreet.CA reports. Stifel Nicolaus’ price objective would suggest a potential downside of 26.57% from the company’s current price.

Several other equities research analysts also recently issued reports on the company. Desjardins boosted their price objective on TFI International from C$170.00 to C$173.00 and gave the company a “buy” rating in a report on Monday, January 12th. National Bankshares boosted their price target on shares of TFI International from C$145.00 to C$170.00 and gave the stock an “outperform” rating in a research note on Friday, January 9th. Finally, Scotiabank dropped their price objective on shares of TFI International from C$144.00 to C$140.00 in a report on Friday, October 3rd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, TFI International has an average rating of “Moderate Buy” and an average price target of C$156.50.

TFI International Trading Up 2.4%

Shares of TSE:TFII traded up C$3.56 during midday trading on Wednesday, reaching C$153.89. 334,260 shares of the company’s stock were exchanged, compared to its average volume of 209,433. The stock has a market cap of C$12.66 billion, a price-to-earnings ratio of 39.56, a P/E/G ratio of 1.01 and a beta of 1.27. TFI International has a fifty-two week low of C$102.57 and a fifty-two week high of C$201.92. The firm’s 50 day simple moving average is C$138.25 and its two-hundred day simple moving average is C$130.33. The company has a debt-to-equity ratio of 115.17, a current ratio of 0.98 and a quick ratio of 1.18.

TFI International (TSE:TFII) last announced its quarterly earnings results on Thursday, October 30th. The company reported C$1.20 earnings per share for the quarter. The business 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, sell-side analysts forecast that TFI International will post 12.2345048 EPS for the current fiscal year.

Insider Activity at TFI International

In related news, insider David Joseph Saperstein sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of C$119.86, for a total transaction of C$119,860.00. Insiders own 5.97% of the company’s stock.

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.