TFI International (TSE:TFII) Price Target Raised to C$173.00 at Royal Bank of Canada

TFI International (TSE:TFII) had its price target increased by investment analysts at Royal Bank of Canada from C$155.00 to C$173.00 in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Royal Bank of Canada’s price objective points to a potential downside of 19.05% from the company’s previous close.

Other equities research analysts also recently issued research reports about the company. Scotiabank raised their target price on TFI International from C$225.00 to C$235.00 and gave the company an “outperform” rating in a report on Monday, March 25th. Cormark boosted their price objective on shares of TFI International from C$180.00 to C$200.00 and gave the stock a “market perform” rating in a report on Monday, February 12th. National Bankshares lifted their price target on shares of TFI International from C$209.00 to C$222.00 and gave the company a “sector perform” rating in a research report on Wednesday, March 27th. BMO Capital Markets upped their price target on TFI International from C$122.00 to C$130.00 and gave the stock a “market perform” rating in a report on Monday, January 8th. Finally, Desjardins raised their price objective on TFI International from C$208.00 to C$216.00 and gave the company a “buy” rating in a research note on Monday, February 12th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$186.38.

TFI International Stock Performance

TFI International stock traded down C$0.71 during midday trading on Tuesday, hitting C$213.71. 34,774 shares of the company’s stock were exchanged, compared to its average volume of 174,062. TFI International has a 12-month low of C$137.36 and a 12-month high of C$220.93. The stock has a market cap of C$18.06 billion, a price-to-earnings ratio of 27.22, a price-to-earnings-growth ratio of 1.01 and a beta of 1.40. The firm’s 50 day simple moving average is C$205.24 and its 200 day simple moving average is C$180.18. The company has a debt-to-equity ratio of 90.47, a quick ratio of 1.18 and a current ratio of 1.25.

Insider Buying and Selling

In other news, Director Frank Paglia sold 705 shares of the business’s stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of C$196.85, for a total value of C$138,780.24. In other TFI International news, Director Frank Paglia sold 705 shares of the firm’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of C$196.85, for a total transaction of C$138,780.24. Also, Director Alain Bédard sold 20,000 shares of TFI International stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of C$201.67, for a total transaction of C$4,033,480.00. In the last ninety days, insiders purchased 68,471 shares of company stock worth $13,116,112 and sold 52,706 shares worth $11,109,229. Insiders own 5.73% of the company’s stock.

TFI International Company Profile

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.