TFI International (TSE:TFII) Stock Price Expected to Rise, Scotiabank Analyst Says

TFI International (TSE:TFII) had its price target hoisted by research analysts at Scotiabank from C$140.00 to C$170.00 in a research note issued on Wednesday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. Scotiabank’s price objective points to a potential upside of 10.40% from the company’s current price.

Other research analysts also recently issued reports about the company. Stifel Nicolaus lifted their target price on TFI International from C$100.00 to C$113.00 in a research note on Wednesday. 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. Finally, Desjardins boosted their price objective on shares of TFI International from C$170.00 to C$173.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$156.50.

TFI International Trading Up 0.3%

Shares of TFI International stock opened at C$153.99 on Wednesday. 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 company has a market capitalization of C$12.67 billion, a P/E ratio of 39.59, a PEG ratio of 1.01 and a beta of 1.27. TFI International has a 1 year low of C$102.57 and a 1 year high of C$201.92. The company’s fifty day moving average is C$139.55 and its two-hundred day moving average is C$130.66.

TFI International (TSE:TFII) last announced its earnings results on Thursday, October 30th. The company reported C$1.20 earnings per share for the quarter. TFI International had a net margin of 5.67% and a return on equity of 16.31%. The business had revenue of C$2.74 billion during the quarter. Analysts forecast that TFI International will post 12.2345048 earnings per share for the current year.

Insider Activity at TFI International

In other TFI International news, insider David Joseph Saperstein sold 1,000 shares of the business’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of C$119.86, for a total transaction of C$119,860.00. 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.