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Shares of TransForce (TSE:TFI) have earned an average recommendation of “Buy” from the fourteen brokerages that are presently covering the stock, AR Network reports. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$27.54.

Shares of TransForce (TSE:TFI) opened at 27.45 on Monday. TransForce has a one year low of $20.67 and a one year high of $28.12. The stock has a 50-day moving average of $25.46 and a 200-day moving average of $24.21. The company has a market cap of $2.705 billion and a price-to-earnings ratio of 44.02.

TransForce (TSE:TFI) last announced its earnings results on Monday, July 28th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.09. On average, analysts predict that TransForce will post $1.76 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Cowen and Company raised their price target on shares of TransForce from C$29.00 to C$34.00 in a research note on Tuesday, July 29th. They now have an “outperform” rating on the stock. Separately, analysts at TD Securities raised their price target on shares of TransForce from C$26.00 to C$31.00 in a research note on Monday, July 28th. They now have a “hold” rating on the stock. Finally, 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.

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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