Desjardins Lowers TFI International (TSE:TFII) Price Target to C$209.00

TFI International (TSE:TFII) had its price objective cut by equities researchers at Desjardins from C$219.00 to C$209.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. Desjardins’ price objective would suggest a potential upside of 14.45% from the stock’s current price.

Several other analysts have also commented on TFII. National Bankshares decreased their price target on TFI International from C$221.00 to C$209.00 and set a “sector perform” rating on the stock in a research note on Thursday, September 26th. Scotiabank increased their price objective on shares of TFI International from C$245.00 to C$250.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. Finally, Cormark lifted their price objective on TFI International from C$230.00 to C$240.00 in a research report on Monday, July 29th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of C$197.57.

TFI International Trading Down 1.4 %

Shares of TFII opened at C$182.61 on Monday. The stock’s 50-day moving average price is C$200.71 and its 200 day moving average price is C$198.51. The company has a quick ratio of 1.18, a current ratio of 0.94 and a debt-to-equity ratio of 123.42. The firm has a market capitalization of C$15.45 billion, a price-to-earnings ratio of 24.60, a P/E/G ratio of 1.01 and a beta of 1.39. TFI International has a 12-month low of C$144.42 and a 12-month high of C$220.93.

Insider Activity

In other TFI International news, Director Leslie Abi-Karam purchased 340 shares of the company’s stock in a transaction dated Monday, July 29th. The shares were bought at an average price of C$154.09 per share, with a total value of C$52,390.60. In other news, Director Leslie Abi-Karam bought 340 shares of the business’s stock in a transaction on Monday, July 29th. The shares were purchased at an average price of C$154.09 per share, for a total transaction of C$52,390.60. Also, Director Alain Bédard sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of C$197.85, for a total transaction of C$4,946,250.00. 5.97% of the stock is owned by company insiders.

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.