JPMorgan Chase & Co. Raises TFI International (NYSE:TFII) Price Target to $141.00

TFI International (NYSE:TFII) had its price target increased by JPMorgan Chase & Co. from $106.00 to $141.00 in a report released on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 26.36% from the stock’s current price.

TFII has been the subject of several other research reports. Royal Bank Of Canada upped their price target on TFI International from $102.00 to $125.00 and gave the stock an “outperform” rating in a report on Monday, December 22nd. Cowen reissued a “buy” rating on shares of TFI International in a research report on Friday. CIBC reaffirmed an “outperform” rating and issued a $121.00 price objective on shares of TFI International in a research report on Thursday, January 8th. UBS Group increased their price objective on shares of TFI International from $90.00 to $102.00 and gave the company a “neutral” rating in a research note on Friday, October 3rd. Finally, Susquehanna boosted their target price on TFI International from $105.00 to $123.00 and gave the stock a “positive” rating in a research note on Monday, January 5th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $119.87.

TFI International Stock Performance

Shares of TFII opened at $111.59 on Monday. TFI International has a one year low of $72.02 and a one year high of $140.35. The company has a market cap of $9.17 billion, a PE ratio of 28.76, a P/E/G ratio of 5.16 and a beta of 1.49. The stock has a 50-day moving average of $97.23 and a 200-day moving average of $93.42. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.06 and a quick ratio of 1.05.

TFI International (NYSE:TFII) last announced its quarterly earnings results on Thursday, October 30th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.01. TFI International had a return on equity of 14.20% and a net margin of 4.06%.The business had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.49 billion. On average, equities research analysts predict that TFI International will post 7.76 EPS for the current fiscal year.

Hedge Funds Weigh In On TFI International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cornerstone Planning Group LLC raised its position in shares of TFI International by 20,080.0% in the third quarter. Cornerstone Planning Group LLC now owns 1,009 shares of the company’s stock valued at $89,000 after purchasing an additional 1,004 shares during the period. SG Americas Securities LLC bought a new position in TFI International in the 4th quarter worth approximately $112,000. Flow Traders U.S. LLC bought a new stake in TFI International during the 3rd quarter valued at $207,000. FourThought Financial Partners LLC purchased a new stake in shares of TFI International during the third quarter worth $245,000. Finally, United Services Automobile Association bought a new position in shares of TFI International in the first quarter worth $217,000. Institutional investors own 73.30% of the company’s stock.

About TFI International

TFI International Inc (NYSE: TFII) is a leading North American transport and logistics company headquartered in Montreal, Quebec. The company operates through a network of subsidiaries that provide truckload, less-than-truckload (LTL), specialized freight, package and courier, and logistics services. By integrating these operations, TFI delivers comprehensive end-to-end solutions, including long-haul and regional transportation, expedited delivery, warehousing, and cross-border freight movement.

Originally founded in 1957 as a regional trucking outfit in Cabano, Quebec, TFI International has expanded significantly through a disciplined acquisition strategy.