Scotiabank Has Lowered Expectations for TFI International (TSE:TFII) Stock Price

TFI International (TSE:TFII) had its price target dropped by analysts at Scotiabank from C$144.00 to C$140.00 in a research note issued to investors on Friday,BayStreet.CA reports. Scotiabank’s price target would indicate a potential upside of 10.07% from the company’s previous close.

Separately, National Bankshares reduced their price target on TFI International from C$142.00 to C$140.00 and set an “outperform” rating for the company in a report on Tuesday, July 29th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, TFI International currently has a consensus rating of “Moderate Buy” and a consensus price target of C$150.50.

TFI International Stock Up 1.7%

TFII opened at C$127.19 on Friday. TFI International has a 1-year low of C$102.57 and a 1-year high of C$219.48. The company has a current ratio of 0.98, a quick ratio of 1.18 and a debt-to-equity ratio of 115.17. The stock has a market cap of C$10.56 billion, a PE ratio of 29.31, a price-to-earnings-growth ratio of 1.01 and a beta of 1.40. The stock’s fifty day simple moving average is C$126.70 and its 200 day simple moving average is C$121.25.

Insider Buying and Selling

In other news, Director Leslie Abi-Karam bought 1,141 shares of TFI International stock in a transaction on Friday, August 1st. The stock was acquired at an average price of C$120.94 per share, with a total value of C$137,996.19. Also, Director Debra Kelly-Ennis bought 1,600 shares of TFI International stock in a transaction on Wednesday, July 30th. The shares were purchased at an average cost of C$122.34 per share, with a total value of C$195,746.04. In the last 90 days, insiders acquired 3,573 shares of company stock valued at $437,070. 5.97% of the stock is owned by company insiders.

TFI International Company Profile

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads.