TFI International (TSE:TFII) Price Target Lowered to C$150.00 at Scotiabank

TFI International (TSE:TFII) had its price target decreased by Scotiabank from C$193.00 to C$150.00 in a research report report published on Wednesday morning,BayStreet.CA reports. Scotiabank currently has an outperform rating on the stock.

Several other analysts also recently issued reports on the stock. Desjardins raised shares of TFI International from a “hold” rating to a “buy” rating and boosted their target price for the company from C$204.00 to C$236.00 in a research note on Monday, December 9th. National Bankshares upped their price target on TFI International from C$198.00 to C$223.00 in a research report on Thursday, December 5th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$180.14.

TFI International Stock Up 5.8 %

TFII stock opened at C$113.02 on Wednesday. The company has a debt-to-equity ratio of 115.17, a current ratio of 0.98 and a quick ratio of 1.18. The firm has a market capitalization of C$6.74 billion, a P/E ratio of 14.33, a P/E/G ratio of 1.01 and a beta of 1.37. TFI International has a 52-week low of C$102.57 and a 52-week high of C$220.93. The company’s 50 day simple moving average is C$145.11 and its 200-day simple moving average is C$179.35.

Insider Buying and Selling at TFI International

In other news, insider TFI International Inc. purchased 15,020 shares of TFI International stock in a transaction dated Friday, February 7th. The stock was acquired at an average cost of C$185.48 per share, for a total transaction of C$2,785,967.73. Also, Director William T. England purchased 3,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was purchased at an average cost of C$130.86 per share, with a total value of C$392,577.90. Insiders purchased 23,128 shares of company stock valued at $3,798,476 in the last quarter. Company insiders own 5.97% of the company’s stock.

About TFI International

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.