TFI International (TSE:TFII) Stock Price Expected to Rise, Desjardins Analyst Says

TFI International (TSE:TFII) had its price objective hoisted by investment analysts at Desjardins from C$173.00 to C$183.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price target would indicate a potential upside of 12.10% from the company’s previous close.

TFII has been the topic of a number of other research reports. Stifel Nicolaus boosted their target price on TFI International from C$100.00 to C$113.00 in a report on Wednesday, January 21st. National Bank Financial boosted their price objective on shares of 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. Finally, Scotiabank lifted their target price on shares of TFI International from C$140.00 to C$170.00 and gave the company a “sector perform” rating in a report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$159.00.

TFI International Trading Up 0.5%

TSE TFII opened at C$163.24 on Thursday. The firm’s fifty day moving average is C$153.15 and its two-hundred day moving average is C$135.89. TFI International has a one year low of C$102.57 and a one year high of C$172.53. The company has a debt-to-equity ratio of 115.17, a quick ratio of 1.18 and a current ratio of 0.98. The firm has a market cap of C$13.43 billion, a PE ratio of 41.96, a P/E/G ratio of 1.01 and a beta of 1.21.

TFI International (TSE:TFII) last announced its earnings results on Tuesday, February 17th. The company reported C$1.50 earnings per share for the quarter. The business had revenue of C$2.51 billion during the quarter. TFI International had a net margin of 5.67% and a return on equity of 16.31%. Analysts expect that TFI International will post 12.2345048 earnings per share for the current year.

About TFI International

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.