TFI International (TSE:TFII) Price Target Cut to C$142.00 by Analysts at National Bankshares

TFI International (TSE:TFII – Get Rating) had its target price reduced by National Bankshares from C$160.00 to C$142.00 in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. National Bankshares’ price target indicates a potential upside of 36.03% from the company’s current price.

A number of other equities research analysts also recently commented on TFII. Royal Bank of Canada lifted their target price on shares of TFI International to C$158.50 and gave the stock an “outperform” rating in a research report on Wednesday, February 9th. TD Securities upgraded TFI International from a “hold” rating to a “buy” rating and upped their price objective for the company from C$145.00 to C$160.00 in a research report on Wednesday, February 9th. Scotiabank cut their price target on TFI International from C$165.00 to C$135.00 in a research note on Friday, April 8th. National Bank Financial raised their price objective on shares of TFI International to C$160.00 and gave the stock an “outperform” rating in a report on Wednesday, February 9th. Finally, Bank of America cut shares of TFI International from a “buy” rating to a “neutral” rating and reduced their target price for the company from C$145.00 to C$118.00 in a report on Saturday, April 9th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$133.64.

Shares of TFII stock traded up C$1.85 during mid-day trading on Tuesday, hitting C$104.39. The company’s stock had a trading volume of 178,639 shares, compared to its average volume of 322,809. The company has a debt-to-equity ratio of 91.76, a quick ratio of 0.77 and a current ratio of 0.83. TFI International has a 52-week low of C$92.94 and a 52-week high of C$148.63. The stock has a market cap of C$9.61 billion and a price-to-earnings ratio of 11.84. The business has a 50-day moving average price of C$126.00 and a 200 day moving average price of C$130.97.

In other news, Director Alain Bédard sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 23rd. The stock was sold at an average price of C$130.16, for a total transaction of C$1,301,600.00. Following the sale, the director now directly owns 4,191,111 shares of the company’s stock, valued at approximately C$545,515,007.76. Insiders sold 90,000 shares of company stock worth $12,031,850 over the last quarter.

About TFI International (Get Rating)

TFI International Inc provides transportation and logistics services in the United States, Canada, and Mexico. 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.

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