TFI International (TSE:TFII) Price Target Raised to C$221.00 at Desjardins

TFI International (TSE:TFII) had its price objective hoisted by investment analysts at Desjardins from C$183.00 to C$221.00 in a research note issued on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Desjardins’ target price suggests a potential upside of 10.35% from the stock’s current price.

Several other equities research analysts have also recently weighed in on the stock. Citigroup boosted their price target on shares of TFI International from C$143.00 to C$144.00 and gave the stock a “buy” rating in a research report on Tuesday, April 7th. Stifel Nicolaus boosted their price target on shares of TFI International from C$100.00 to C$113.00 in a research report on Wednesday, January 21st. National Bank Financial boosted their price target on shares of TFI International from C$173.00 to C$190.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 14th. Finally, Scotiabank boosted their price target on shares of TFI International from C$170.00 to C$200.00 in a research report on Tuesday. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, TFI International currently has a consensus rating of “Moderate Buy” and an average price target of C$177.20.

TFI International Price Performance

Shares of TFII stock traded up C$11.74 during mid-day trading on Tuesday, hitting C$200.27. The company had a trading volume of 410,498 shares, compared to its average volume of 222,552. TFI International has a 52-week low of C$109.14 and a 52-week high of C$203.93. The stock’s 50 day moving average price is C$159.39 and its 200-day moving average price is C$146.26. The company has a debt-to-equity ratio of 138.05, a current ratio of 1.03 and a quick ratio of 1.18. The company has a market capitalization of C$16.46 billion, a P/E ratio of 53.84, a P/E/G ratio of 1.01 and a beta of 1.36.

TFI International (TSE:TFII) last announced its quarterly earnings results on Monday, April 27th. The company reported C$0.96 earnings per share for the quarter. TFI International had a net margin of 3.92% and a return on equity of 11.65%. The company had revenue of C$2.71 billion for the quarter. Equities research analysts forecast that TFI International will post 12.2345048 earnings per share for the current year.

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.