TransForce Inc (TSE:TFI) had its price target raised by equities research analysts at Royal Bank Of Canada from C$23.00 to C$29.00 in a research report issued on Friday, reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 6.03% from the stock’s current price.

TFI has been the topic of several other research reports. Scotiabank reiterated an “underperform” rating and set a C$20.50 price objective on shares of TransForce in a research report on Friday, July 22nd. CIBC raised their price target on TransForce from C$24.50 to C$26.00 in a research report on Monday, June 20th. National Bank Financial raised their price target on TransForce from C$27.50 to C$29.00 in a research report on Thursday. Finally, TD Securities raised their price target on TransForce from C$24.00 to C$25.00 and gave the stock a “hold” rating in a research report on Monday, July 25th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of C$25.94.

Analyst Recommendations for TransForce (TSE:TFI)

Shares of TransForce (TSE:TFI) traded down 0.29% during midday trading on Friday, hitting $27.27. 54,676 shares of the stock traded hands. The company has a market capitalization of $2.53 billion and a P/E ratio of 4.29. TransForce has a 1-year low of $18.94 and a 1-year high of $27.66. The stock has a 50 day moving average of $26.78 and a 200 day moving average of $24.68.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at

About TransForce

TransForce Inc is engaged in transportation and logistics services across Canada and the United States. The Company’s segments include Package and Courier, Less-Than-Truckload, Truckload, Logistics and Corporate. The Package and Courier segment comprises pickup, transport and delivery of items across North America.

Stock Target Prices

Receive News & Ratings for TransForce Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransForce Inc and related companies with's FREE daily email newsletter.