TFI International (NYSE:TFII) Price Target Increased to $112.00 by Analysts at Royal Bank of Canada

TFI International (NYSE:TFIIGet Rating) had its target price increased by stock analysts at Royal Bank of Canada from $100.00 to $112.00 in a research report issued to clients and investors on Monday, The Fly reports. The firm currently has a “maintains” rating on the stock. Royal Bank of Canada’s price objective would suggest a potential upside of 12.80% from the stock’s previous close.

Other equities research analysts have also issued research reports about the company. National Bank Financial reduced their price objective on TFI International from C$146.00 to C$140.00 in a research report on Wednesday, July 13th. Credit Suisse Group boosted their price objective on TFI International from $103.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday. TD Securities boosted their price objective on TFI International from C$125.00 to C$135.00 in a research report on Monday, May 2nd. Scotiabank upped their price target on TFI International from C$135.00 to C$138.00 in a research report on Monday, May 2nd. Finally, Bank of America lowered TFI International from a “buy” rating to a “neutral” rating and set a $95.00 price target on the stock. in a research report on Friday, April 8th. One analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $129.47.

TFI International Price Performance

TFII stock traded down $1.56 during midday trading on Monday, reaching $99.29. 85,758 shares of the stock were exchanged, compared to its average volume of 243,053. The stock has a market capitalization of $8.85 billion, a PE ratio of 13.32, a P/E/G ratio of 0.76 and a beta of 1.72. TFI International has a 52 week low of $71.63 and a 52 week high of $120.50. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.21 and a quick ratio of 1.19. The company has a fifty day moving average price of $82.74 and a 200 day moving average price of $91.06.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Distillate Capital Partners LLC raised its stake in shares of TFI International by 11.2% in the first quarter. Distillate Capital Partners LLC now owns 2,011 shares of the company’s stock worth $214,000 after purchasing an additional 203 shares during the last quarter. US Bancorp DE grew its holdings in shares of TFI International by 1,700.8% in the first quarter. US Bancorp DE now owns 4,376 shares of the company’s stock valued at $466,000 after acquiring an additional 4,133 shares in the last quarter. Metatron Capital SICAV plc bought a new position in shares of TFI International in the fourth quarter valued at approximately $965,000. FDx Advisors Inc. grew its holdings in shares of TFI International by 5.8% in the first quarter. FDx Advisors Inc. now owns 8,228 shares of the company’s stock valued at $876,000 after acquiring an additional 451 shares in the last quarter. Finally, Cumberland Partners Ltd grew its holdings in shares of TFI International by 2.8% in the first quarter. Cumberland Partners Ltd now owns 11,100 shares of the company’s stock valued at $1,183,000 after acquiring an additional 300 shares in the last quarter. 60.04% of the stock is owned by institutional investors and hedge funds.

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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