Desjardins Raises TFI International (TSE:TFII) Price Target to C$173.00

TFI International (TSE:TFII) had its target price increased by research analysts at Desjardins from C$170.00 to C$173.00 in a research note issued on Monday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ price objective would indicate a potential upside of 11.68% from the company’s previous close.

Several other research analysts also recently weighed in on the company. Scotiabank lowered their target price on TFI International from C$144.00 to C$140.00 in a research note on Friday, October 3rd. National Bankshares increased their price target on TFI International from C$145.00 to C$170.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, TFI International currently has a consensus rating of “Moderate Buy” and a consensus target price of C$161.00.

TFI International Price Performance

Shares of TSE:TFII opened at C$154.90 on Monday. The company has a 50-day simple moving average of C$134.95 and a 200-day simple moving average of C$129.30. TFI International has a one year low of C$102.57 and a one year high of C$201.92. The company has a debt-to-equity ratio of 115.17, a quick ratio of 1.18 and a current ratio of 0.98. The stock has a market capitalization of C$12.75 billion, a price-to-earnings ratio of 39.82, a PEG ratio of 1.01 and a beta of 1.27.

TFI International (TSE:TFII) last released its quarterly earnings results on Thursday, October 30th. The company reported C$1.20 earnings per share (EPS) for the quarter. The firm had revenue of C$2.74 billion for the quarter. TFI International had a return on equity of 16.31% and a net margin of 5.67%. On average, analysts predict that TFI International will post 12.2345048 EPS for the current year.

Insider Activity

In other news, insider David Joseph Saperstein sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of C$119.86, for a total value of C$119,860.00. Company insiders own 5.97% of the company’s stock.

About TFI International

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.