TFI International (TSE:TFII) Price Target Cut to C$172.00 by Analysts at CIBC

TFI International (TSE:TFII) had its price objective decreased by CIBC from C$175.00 to C$172.00 in a research note issued to investors on Monday, BayStreet.CA reports. CIBC currently has an outperform rating on the stock.

Other equities research analysts have also recently issued research reports about the company. BMO Capital Markets upped their price objective on TFI International from C$122.00 to C$130.00 and gave the stock a market perform rating in a research note on Monday, January 8th. Scotiabank upped their price target on shares of TFI International from C$225.00 to C$235.00 and gave the stock an outperform rating in a research report on Monday, March 25th. Royal Bank of Canada lifted their price objective on shares of TFI International from C$155.00 to C$173.00 and gave the company an outperform rating in a research report on Tuesday, April 16th. Desjardins upped their target price on shares of TFI International from C$208.00 to C$216.00 and gave the company a buy rating in a report on Monday, February 12th. Finally, Cormark lifted their price target on TFI International from C$180.00 to C$200.00 and gave the stock a market perform rating in a report on Monday, February 12th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of Moderate Buy and an average price target of C$182.78.

TFI International Trading Down 1.2 %

TFI International stock opened at C$185.54 on Monday. The company has a market cap of C$15.68 billion, a price-to-earnings ratio of 23.58, a P/E/G ratio of 1.01 and a beta of 1.40. The firm has a 50-day moving average of C$206.01 and a 200-day moving average of C$181.98. The company has a debt-to-equity ratio of 90.47, a current ratio of 1.25 and a quick ratio of 1.18. TFI International has a one year low of C$137.36 and a one year high of C$220.93.

Insider Activity at TFI International

In other news, insider TFI International Inc. bought 66,895 shares of the firm’s stock in a transaction dated Thursday, February 8th. The shares were bought at an average price of C$191.48 per share, with a total value of C$12,809,348.94. In other news, insider TFI International Inc. bought 66,895 shares of the company’s stock in a transaction dated Thursday, February 8th. The stock was bought at an average price of C$191.48 per share, with a total value of C$12,809,348.94. Also, Director Alain Bédard sold 30,000 shares of the business’s stock in a transaction dated Monday, March 25th. The shares were sold at an average price of C$217.23, for a total transaction of C$6,516,822.00. In the last 90 days, insiders have purchased 69,290 shares of company stock worth $13,228,693 and have sold 52,706 shares worth $11,109,229. 5.73% of the stock is owned by company insiders.

About TFI International

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. 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 in North America.