Transforce Price Target Increased to C$28.00 by Analysts at TD Securities (TFI)
Analysts at TD Securities lifted their price target on shares of Transforce (TSE:TFI) from C$27.00 to C$28.00 in a research report issued to clients and investors on Wednesday, Analyst Ratings News reports. TD Securities’ price target suggests a potential upside of 10.85% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Scotiabank reiterated a “sector outperform” rating on shares of Transforce in a research note to investors on Wednesday, December 18th. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Transforce in a research note to investors on Wednesday, December 11th. Finally, analysts at BMO Capital Markets raised their price target on shares of Transforce from C$23.00 to C$25.00 in a research note to investors on Monday, November 4th. They now have a “market perform” rating on the stock. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of C$24.38.
Shares of Transforce (TSE:TFI) opened at 25.26 on Wednesday. Transforce has a 52 week low of $18.25 and a 52 week high of $25.88. The stock has a 50-day moving average of $24.86 and a 200-day moving average of $22.20. The company has a market cap of $2.328 billion and a price-to-earnings ratio of 18.33.
TransForce Inc is engaged in the transportation and logistics industry. It operates in four segments.
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