TFI International (TSE:TFII) PT Lowered to C$208.00

TFI International (TSE:TFII) had its price target cut by Desjardins from C$216.00 to C$208.00 in a research report sent to investors on Monday, BayStreet.CA reports. They currently have a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. 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 research report on Monday, February 12th. Scotiabank boosted their target price on shares of TFI International from C$225.00 to C$235.00 and gave the stock an outperform rating in a report on Monday, March 25th. BMO Capital Markets increased their price target on shares of TFI International from C$122.00 to C$130.00 and gave the company a market perform rating in a report on Monday, January 8th. Royal Bank of Canada boosted their price objective on TFI International from C$155.00 to C$173.00 and gave the stock an outperform rating in a research note on Tuesday, April 16th. Finally, CIBC lowered their price objective on TFI International from C$175.00 to C$172.00 and set an outperform rating for the company in a research note on Monday. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus target price of C$182.78.

TFI International Stock Performance

TSE:TFII 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 PEG ratio of 1.01 and a beta of 1.40. TFI International has a 1 year low of C$137.36 and a 1 year high of C$220.93. The stock’s 50 day simple moving average is C$206.01 and its two-hundred day simple moving average is 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.

Insiders Place Their Bets

In other news, Director Frank Paglia sold 705 shares of the company’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of C$196.85, for a total transaction of C$138,780.24. In related news, insider TFI International Inc. acquired 66,895 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The stock was bought at an average price of C$191.48 per share, for a total transaction of C$12,809,348.94. Also, Director Frank Paglia sold 705 shares of the business’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of C$196.85, for a total transaction of C$138,780.24. Over the last 90 days, insiders bought 69,290 shares of company stock valued at $13,228,693 and sold 52,706 shares valued at $11,109,229. 5.73% of the stock is owned by 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.