Stifel Nicolaus Forecasts Strong Price Appreciation for TFI International (TSE:TFII) Stock

TFI International (TSE:TFII) had its target price hoisted by research analysts at Stifel Nicolaus from C$100.00 to C$113.00 in a report issued on Wednesday,BayStreet.CA reports. Stifel Nicolaus’ target price would suggest a potential downside of 26.62% from the company’s previous close.

TFII has been the subject of a number of other reports. National Bankshares lifted their target price on shares of TFI International from C$145.00 to C$170.00 and gave the stock an “outperform” rating in a research note on Friday, January 9th. Scotiabank lowered their price objective on shares of TFI International from C$144.00 to C$140.00 in a research note on Friday, October 3rd. 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 report on Monday, January 12th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$156.50.

TFI International Stock Up 0.3%

TFI International stock opened at C$153.99 on Wednesday. TFI International has a 1-year low of C$102.57 and a 1-year high of C$201.92. The business has a fifty day moving average price of C$139.55 and a 200-day moving average price of C$130.66. The company has a debt-to-equity ratio of 115.17, a current ratio of 0.98 and a quick ratio of 1.18. The stock has a market capitalization of C$12.67 billion, a price-to-earnings ratio of 39.59, 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 EPS for the quarter. The company had revenue of C$2.74 billion during the quarter. TFI International had a return on equity of 16.31% and a net margin of 5.67%. Equities research analysts forecast that TFI International will post 12.2345048 EPS for the current fiscal year.

Insider Activity

In other news, insider David Joseph Saperstein sold 1,000 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of C$119.86, for a total value of C$119,860.00. 5.97% of the stock is currently owned by company insiders.

TFI International Company Profile

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.