Transforce Given Average Recommendation of “Buy” by Brokerages (TSE:TFI)
Transforce (TSE:TFI) has earned a consensus rating of “Buy” from the eleven analysts that are presently covering the stock, AR Network reports. Four research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is C$25.22.
TFI has been the subject of a number of recent research reports. Analysts at Scotiabank downgraded shares of Transforce to a “sector perform” rating in a research note on Monday, February 10th. Separately, analysts at National Bank Financial initiated coverage on shares of Transforce in a research note on Tuesday, January 28th. They set an “outperform” rating and a C$27.00 price target on the stock. Finally, analysts at NBF raised their price target on shares of Transforce from C$24.00 to C$27.00 in a research note on Tuesday, January 28th. They now have an “outperform” rating on the stock.
Shares of Transforce (TSE:TFI) opened at 23.61 on Tuesday. Transforce has a 1-year low of $18.25 and a 1-year high of $25.88. The stock’s 50-day moving average is $24.34 and its 200-day moving average is $23.07. The company has a market cap of $2.176 billion and a price-to-earnings ratio of 17.18.
TransForce Inc is engaged in the transportation and logistics industry. It operates in four segments.
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