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Shares of TransForce (TSE:TFI) have been given a consensus recommendation of “Buy” by the fourteen brokerages that are presently covering the stock, AnalystRatingsNetwork reports. Five equities research analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$26.71.

TransForce (TSE:TFI) opened at 24.20 on Friday. TransForce has a one year low of $19.53 and a one year high of $25.88. The stock’s 50-day moving average is $23.91 and its 200-day moving average is $24.0. The company has a market cap of $2.387 billion and a price-to-earnings ratio of 45.60.

TransForce (TSE:TFI) last posted its quarterly earnings results on Friday, April 25th. The company reported $0.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.18 by $0.02. On average, analysts predict that TransForce will post $1.60 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.145 per share. This represents a $0.58 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Thursday, June 26th.

A number of research firms have recently commented on TFI. Analysts at Canaccord Genuity raised their price target on shares of TransForce from C$29.00 to C$31.00 in a research note on Monday, June 9th. They now have a “buy” rating on the stock. Separately, analysts at TD Securities raised their price target on shares of TransForce from C$25.00 to C$26.00 in a research note on Wednesday, June 4th. They now have a “hold” rating on the stock. Finally, analysts at Cowen and Company raised their price target on shares of TransForce from C$26.00 to C$29.00 in a research note on Wednesday, June 4th. They now have a “neutral” rating on the stock.

Transforce Inc is engaged in transportation and logistics services. The Company’s segments include Package and Courier, Less-Than-Truckload, Truckload and specialized Services.

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