TFI International Inc (TFII) Lifted to “Outperform” at Royal Bank Of Canada

TFI International Inc (TSE:TFII) was upgraded by Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating in a report issued on Friday. The brokerage currently has a C$37.00 price objective on the stock, up from their prior price objective of C$29.00. Royal Bank Of Canada’s price objective would suggest a potential upside of 18.02% from the company’s previous close.

Several other equities analysts also recently commented on the stock. Scotiabank boosted their target price on shares of TFI International from C$30.00 to C$31.00 and gave the stock a “sector perform” rating in a report on Monday, July 31st. TD Securities boosted their target price on shares of TFI International from C$32.00 to C$34.00 and gave the stock a “hold” rating in a report on Monday, July 31st.

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In other TFI International news, Director Alain Bédard purchased 2,000 shares of the firm’s stock in a transaction that occurred on Monday, September 25th. The shares were bought at an average price of C$31.19 per share, with a total value of C$62,380.00.

About TFI International

TFI International Inc, through its subsidiaries, provides transportation and logistics services in the United States, Canada, and Mexico. The company?s Package and Courier segment engages in the pickup, transport, and delivery of items. Its Less-Than-Truckload segment is involved in the pickup, consolidation, transport, and delivery of smaller loads.

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