Scotiabank Increases IT Tech Packaging (NASDAQ:TFII) Price Target to $65.00

Share on StockTwits

IT Tech Packaging (NASDAQ:TFII) had its price target upped by Scotiabank from $54.00 to $65.00 in a report published on Wednesday, The Fly reports. The brokerage currently has an outperform rating on the stock.

Several other equities research analysts also recently weighed in on TFII. Credit Suisse Group increased their target price on shares of IT Tech Packaging from $45.00 to $52.00 and gave the company an outperform rating in a research note on Wednesday. Zacks Investment Research raised shares of IT Tech Packaging from a hold rating to a buy rating and set a $37.00 target price on the stock in a research note on Wednesday, June 24th. CIBC raised shares of IT Tech Packaging from a sector underperform rating to a neutral rating and set a $47.00 target price on the stock in a research note on Monday, June 15th. Morgan Stanley increased their target price on shares of IT Tech Packaging from $40.00 to $44.00 and gave the company an overweight rating in a research note on Monday, July 6th. Finally, Cowen reduced their target price on shares of IT Tech Packaging from $46.00 to $35.00 and set an outperform rating on the stock in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a hold rating and twelve have issued a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of $48.50.

IT Tech Packaging stock opened at $43.39 on Wednesday. IT Tech Packaging has a 52-week low of $15.24 and a 52-week high of $43.60. The company’s fifty day simple moving average is $36.69.

The business also recently declared a dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.189 dividend. The ex-dividend date was Monday, June 29th.

About IT Tech Packaging

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

Featured Article: The basics of gap trading strategies

The Fly

Analyst Recommendations for IT Tech Packaging (NASDAQ:TFII)

Receive News & Ratings for IT Tech Packaging Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IT Tech Packaging and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Zurcher Kantonalbank Zurich Cantonalbank Has $351,000 Stock Position in Interactive Brokers Group, Inc.
Zurcher Kantonalbank Zurich Cantonalbank Has $351,000 Stock Position in Interactive Brokers Group, Inc.
Zurcher Kantonalbank Zurich Cantonalbank Raises Stock Holdings in Parsley Energy Inc
Zurcher Kantonalbank Zurich Cantonalbank Raises Stock Holdings in Parsley Energy Inc
Zurcher Kantonalbank Zurich Cantonalbank Grows Stock Holdings in Simpson Manufacturing Co, Inc.
Zurcher Kantonalbank Zurich Cantonalbank Grows Stock Holdings in Simpson Manufacturing Co, Inc.
Zurcher Kantonalbank Zurich Cantonalbank Acquires 4,672 Shares of Box Inc
Zurcher Kantonalbank Zurich Cantonalbank Acquires 4,672 Shares of Box Inc
AGCO Co.  Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank
AGCO Co. Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank
Zurcher Kantonalbank Zurich Cantonalbank Purchases 3,405 Shares of ACI Worldwide Inc
Zurcher Kantonalbank Zurich Cantonalbank Purchases 3,405 Shares of ACI Worldwide Inc


© 2006-2020 Ticker Report