TFI International (NYSE:TFII) Given New $147.00 Price Target at Stifel Nicolaus

TFI International (NYSE:TFII) had its price objective lifted by investment analysts at Stifel Nicolaus from $139.00 to $147.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. Stifel Nicolaus’ price target points to a potential upside of 6.86% from the company’s previous close.

TFII has been the subject of several other research reports. TD Securities reduced their target price on shares of TFI International from $180.00 to $171.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. Royal Bank of Canada cut their price objective on shares of TFI International from $167.00 to $160.00 and set an “outperform” rating for the company in a research report on Wednesday, October 23rd. Susquehanna cut their price objective on shares of TFI International from $180.00 to $170.00 and set a “positive” rating for the company in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. cut their price objective on shares of TFI International from $181.00 to $178.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. Finally, Citigroup raised their price objective on shares of TFI International from $158.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $169.13.

TFI International Stock Performance

NYSE TFII traded down $0.46 during trading hours on Thursday, reaching $137.56. 28,602 shares of the company were exchanged, compared to its average volume of 181,641. TFI International has a 1 year low of $126.00 and a 1 year high of $162.13. The business’s 50 day simple moving average is $142.02 and its 200-day simple moving average is $143.39. The company has a quick ratio of 0.96, a current ratio of 0.98 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $11.61 billion, a P/E ratio of 24.98, a P/E/G ratio of 1.52 and a beta of 1.58.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TFII. QV Investors Inc. purchased a new stake in TFI International in the third quarter worth about $29,891,000. Dixon Mitchell Investment Counsel Inc. lifted its position in shares of TFI International by 0.4% during the third quarter. Dixon Mitchell Investment Counsel Inc. now owns 539,815 shares of the company’s stock valued at $74,242,000 after buying an additional 1,980 shares during the last quarter. Entropy Technologies LP purchased a new stake in shares of TFI International during the third quarter valued at about $643,000. Plato Investment Management Ltd purchased a new stake in shares of TFI International during the third quarter valued at about $134,000. Finally, Quantbot Technologies LP lifted its position in shares of TFI International by 295.1% during the third quarter. Quantbot Technologies LP now owns 21,484 shares of the company’s stock valued at $2,941,000 after buying an additional 16,047 shares during the last quarter. Institutional investors own 73.30% 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.