TFI International (TSE:TFII) Price Target Cut to C$230.00 by Analysts at Scotiabank

TFI International (TSE:TFII) had its price objective lowered by Scotiabank from C$235.00 to C$230.00 in a research note released on Monday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Other equities research analysts also recently issued reports about the stock. Desjardins reduced their price objective on shares of TFI International from C$216.00 to C$208.00 and set a buy rating for the company in a research report on Monday. BMO Capital Markets increased their price target on TFI International from C$122.00 to C$130.00 and gave the company a market perform rating in a research report on Monday, January 8th. Royal Bank of Canada lifted their price target on TFI International from C$155.00 to C$173.00 and gave the stock an outperform rating in a report on Tuesday, April 16th. CIBC decreased their target price on TFI International from C$175.00 to C$172.00 and set an outperform rating for the company in a research report on Monday. Finally, Cormark boosted their price target on shares of 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 equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, TFI International has a consensus rating of Moderate Buy and a consensus target price of C$182.78.

TFI International Price Performance

TFII opened at C$185.54 on Monday. The firm’s fifty day moving average price is C$206.01 and its two-hundred day moving average price is C$181.98. The company has a market capitalization 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 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 1 year low of C$137.36 and a 1 year high of C$220.93.

Insider Transactions at TFI International

In other news, Director John Pratt acquired 819 shares of the stock in a transaction that occurred on Friday, April 26th. The shares were acquired at an average cost of C$137.46 per share, for a total transaction of C$112,580.56. In other TFI International news, Director John Pratt acquired 819 shares of the business’s stock in a transaction that occurred on Friday, April 26th. The stock was bought at an average cost of C$137.46 per share, with a total value of C$112,580.56. Also, Director Frank Paglia sold 705 shares of TFI International stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of C$196.85, for a total transaction of C$138,780.24. In the last 90 days, insiders bought 69,290 shares of company stock worth $13,228,693 and sold 52,706 shares worth $11,109,229. 5.73% of the stock is owned by corporate 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.