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

TFI International (TSE:TFII) had its price objective decreased by equities researchers at National Bankshares from C$221.00 to C$209.00 in a research note issued to investors on Thursday, BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bankshares’ target price suggests a potential upside of 12.35% from the company’s current price.

A number of other research firms also recently issued reports on TFII. Cormark upped their price target on TFI International from C$230.00 to C$240.00 in a research note on Monday, July 29th. Scotiabank increased their target price on shares of TFI International from C$245.00 to C$250.00 and gave the stock an “outperform” rating in a research report on Monday, July 29th. Finally, Desjardins cut shares of TFI International from a “buy” rating to a “hold” rating and lifted their price target for the company from C$207.00 to C$219.00 in a research report on Wednesday, July 17th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of C$199.00.

TFI International Trading Down 3.4 %

TSE TFII opened at C$186.03 on Thursday. The company has a 50-day moving average of C$201.71 and a 200-day moving average of C$198.79. The company has a debt-to-equity ratio of 123.42, a current ratio of 0.94 and a quick ratio of 1.18. TFI International has a 12 month low of C$144.42 and a 12 month high of C$220.93. The company has a market cap of C$15.74 billion, a P/E ratio of 24.94, a P/E/G ratio of 1.01 and a beta of 1.39.

Insider Activity

In other news, Director Alain Bédard sold 25,000 shares of the company’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of C$197.85, for a total value of C$4,946,250.00. In other TFI International news, Director Leslie Abi-Karam acquired 340 shares of the company’s stock in a transaction on Monday, July 29th. The shares were bought at an average cost 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 company’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of C$197.85, for a total value of C$4,946,250.00. Insiders own 5.97% of the company’s stock.

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.