UBS Group Raises TFI International (NYSE:TFII) Price Target to $102.00

TFI International (NYSE:TFII) had its price target upped by UBS Group from $90.00 to $102.00 in a research note issued on Friday, Marketbeat.com reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective points to a potential upside of 11.94% from the company’s current price.

Other analysts have also issued research reports about the company. CIBC cut their price objective on TFI International from $110.00 to $109.00 and set an “outperform” rating for the company in a report on Wednesday, September 17th. Stifel Nicolaus boosted their price target on TFI International from $88.00 to $91.00 and gave the company a “hold” rating in a report on Thursday, July 24th. Cormark lowered TFI International from a “moderate buy” rating to a “hold” rating in a report on Tuesday, July 29th. JPMorgan Chase & Co. boosted their price target on TFI International from $101.00 to $116.00 and gave the company an “overweight” rating in a report on Tuesday, July 29th. Finally, Scotiabank lowered TFI International from a “sector outperform” rating to a “sector perform” rating in a report on Thursday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $117.81.

TFI International Stock Performance

Shares of TFII opened at $91.12 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.05 and a quick ratio of 1.03. TFI International has a one year low of $72.02 and a one year high of $155.12. The firm has a market capitalization of $7.51 billion, a P/E ratio of 20.90, a PEG ratio of 3.16 and a beta of 1.45. The business has a fifty day moving average of $91.71 and a 200 day moving average of $87.65.

TFI International (NYSE:TFII) last issued its quarterly earnings data on Monday, July 28th. The company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.24 by $0.10. TFI International had a return on equity of 15.45% and a net margin of 4.48%.The company had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.49 billion. As a group, sell-side analysts anticipate that TFI International will post 7.76 EPS for the current year.

Hedge Funds Weigh In On TFI International

A number of hedge funds have recently made changes to their positions in TFII. United Services Automobile Association bought a new position in shares of TFI International in the first quarter worth about $217,000. Marshall Wace LLP bought a new position in shares of TFI International in the second quarter worth about $294,000. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of TFI International by 4.2% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company’s stock worth $698,000 after acquiring an additional 363 shares during the period. Entropy Technologies LP boosted its stake in shares of TFI International by 46.9% in the first quarter. Entropy Technologies LP now owns 13,656 shares of the company’s stock worth $1,058,000 after acquiring an additional 4,361 shares during the period. Finally, Canoe Financial LP boosted its stake in shares of TFI International by 168.5% in the first quarter. Canoe Financial LP now owns 36,857 shares of the company’s stock worth $2,854,000 after acquiring an additional 23,131 shares during the period. Institutional investors own 73.30% of the company’s stock.

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.