Desjardins Issues Positive Forecast for TFI International (TSE:TFII) Stock Price

TFI International (TSE:TFII) had its price objective hoisted by Desjardins from C$173.00 to C$183.00 in a report published on Thursday,BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other brokerages have also commented on TFII. National Bank Financial raised their price objective on TFI International from C$145.00 to C$170.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. Stifel Nicolaus increased their price target on shares of TFI International from C$100.00 to C$113.00 in a research report on Wednesday, January 21st. Finally, Scotiabank boosted their price objective on shares of TFI International from C$140.00 to C$170.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$159.00.

TFI International Trading Up 1.9%

TFI International stock opened at C$162.43 on Thursday. TFI International has a 52 week low of C$102.57 and a 52 week high of C$172.53. 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 firm has a market capitalization of C$13.37 billion, a price-to-earnings ratio of 41.76, a P/E/G ratio of 1.01 and a beta of 1.21. The company has a 50 day moving average price of C$152.71 and a 200 day moving average price of C$135.57.

TFI International (TSE:TFII) last released its earnings results on Tuesday, February 17th. The company reported C$1.50 earnings per share (EPS) for the quarter. The company had revenue of C$2.51 billion during the quarter. TFI International had a return on equity of 16.31% and a net margin of 5.67%. Research analysts forecast that TFI International will post 12.2345048 EPS for the current year.

TFI International Company Profile

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.