TFI International (TSE:TFII)‘s stock had its “buy” rating reaffirmed by research analysts at Stifel Nicolaus in a research report issued to clients and investors on Friday. They presently have a C$42.00 price objective on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 23.71% from the stock’s current price.
Several other research firms have also recently commented on TFII. National Bank Financial raised their price target on shares of TFI International from C$36.00 to C$39.00 in a report on Wednesday, January 17th. Scotiabank raised their price target on shares of TFI International from C$30.00 to C$33.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 21st. Desjardins upgraded shares of TFI International from a “hold” rating to a “buy” rating and raised their price target for the stock from C$35.00 to C$37.00 in a report on Wednesday, February 21st. CIBC raised their price target on shares of TFI International from C$35.00 to C$36.00 in a report on Thursday, January 4th. Finally, BMO Capital Markets raised their price target on shares of TFI International from C$32.00 to C$33.00 and gave the stock a “market perform” rating in a report on Wednesday, February 21st. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. TFI International has an average rating of “Buy” and a consensus price target of C$36.50.
Shares of TFII stock traded up C$0.48 during trading on Friday, hitting C$33.95. 271,158 shares of the company were exchanged, compared to its average volume of 254,423. TFI International has a twelve month low of C$26.44 and a twelve month high of C$34.81.
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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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