TFI International (TSE:TFII) Price Target Raised to C$170.00

TFI International (TSE:TFII) had its target price increased by Scotiabank from C$165.00 to C$170.00 in a report published on Thursday morning,BayStreet.CA reports. Scotiabank currently has a sector perform rating on the stock.

A number of other brokerages have also commented on TFII. Stifel Nicolaus lifted their price target on TFI International from C$100.00 to C$113.00 in a research note on Wednesday, January 21st. Desjardins lifted their price target on TFI International from C$173.00 to C$183.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Citigroup lifted their price target on TFI International from C$143.00 to C$144.00 and gave the company a “buy” rating in a research note on Tuesday, April 7th. Finally, National Bank Financial lifted their price target on TFI International from C$145.00 to C$170.00 and gave the company an “outperform” rating in a research note on Friday, January 9th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$156.00.

TFI International Stock Performance

Shares of TFII stock opened at C$169.27 on Thursday. The business’s 50-day moving average price is C$155.62 and its 200-day moving average price is C$141.89. TFI International has a 12 month low of C$103.29 and a 12 month high of C$173.05. The firm has a market capitalization of C$13.91 billion, a price-to-earnings ratio of 45.50, a PEG ratio of 1.01 and a beta of 1.36. The company has a current ratio of 1.03, a quick ratio of 1.18 and a debt-to-equity ratio of 138.05.

TFI International (TSE:TFII) last announced its quarterly earnings results on Tuesday, February 17th. The company reported C$1.50 EPS for the quarter. TFI International had a return on equity of 11.65% and a net margin of 3.92%.The firm had revenue of C$2.51 billion for the quarter. Equities research analysts forecast that TFI International will post 12.2345048 EPS for the current year.

TFI International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. TFI International’s payout ratio is currently 48.92%.

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. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.