TFI International (TSE:TFII) Given New C$170.00 Price Target at Scotiabank

TFI International (TSE:TFII) had its price objective boosted by Scotiabank from C$140.00 to C$170.00 in a report issued on Wednesday,BayStreet.CA reports. Scotiabank currently has a sector perform rating on the stock.

A number of other brokerages have also recently weighed in on TFII. Stifel Nicolaus lifted their price target on shares of TFI International from C$100.00 to C$113.00 in a research report on Wednesday. Desjardins raised their price objective on TFI International from C$170.00 to C$173.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Finally, National Bankshares boosted their target price 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. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$156.50.

TFI International Trading Up 2.1%

TSE:TFII opened at C$153.55 on Wednesday. The company has a current ratio of 0.98, a quick ratio of 1.18 and a debt-to-equity ratio of 115.17. TFI International has a 1-year low of C$102.57 and a 1-year high of C$201.92. The firm has a market capitalization of C$12.64 billion, a price-to-earnings ratio of 39.47, a PEG ratio of 1.01 and a beta of 1.27. The business’s 50-day moving average price is C$138.86 and its two-hundred day moving average price is C$130.49.

TFI International (TSE:TFII) last announced its quarterly earnings results on Thursday, October 30th. The company reported C$1.20 EPS for the quarter. TFI International had a return on equity of 16.31% and a net margin of 5.67%.The company had revenue of C$2.74 billion during the quarter. On average, equities analysts expect that TFI International will post 12.2345048 earnings per share for the current year.

Insider Transactions at TFI International

In other TFI International news, insider David Joseph Saperstein sold 1,000 shares of the stock in a transaction dated Friday, November 14th. The stock was sold at an average price of C$119.86, for a total transaction of C$119,860.00. Company insiders own 5.97% of the company’s stock.

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.