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

TFI International (TSE:TFII) had its price objective reduced by analysts at Desjardins from C$219.00 to C$209.00 in a report issued on Monday, BayStreet.CA reports. The firm currently has a “hold” rating on the stock. Desjardins’ target price would indicate a potential upside of 12.97% from the company’s current price.

TFII has been the topic of a number of other research reports. National Bankshares cut their price objective on shares of TFI International from C$221.00 to C$209.00 and set a “sector perform” rating on the stock in a report on Thursday. 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, Cormark raised their price objective on TFI International from C$230.00 to C$240.00 in a research note on Monday, July 29th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, TFI International currently has an average rating of “Hold” and an average price target of C$197.57.

TFI International Stock Performance

TFII stock traded down C$1.03 during midday trading on Monday, reaching C$185.00. The stock had a trading volume of 63,194 shares, compared to its average volume of 188,382. TFI International has a 52-week low of C$144.42 and a 52-week high of C$220.93. The company has a debt-to-equity ratio of 123.42, a quick ratio of 1.18 and a current ratio of 0.94. The stock has a market cap of C$15.65 billion, a PE ratio of 24.90, a P/E/G ratio of 1.01 and a beta of 1.39. The firm has a fifty day simple moving average of C$201.21 and a two-hundred day simple moving average of C$198.62.

Insider Activity

In other TFI International news, Director Leslie Abi-Karam purchased 340 shares of the firm’s stock in a transaction that occurred on Monday, July 29th. The stock was bought at an average cost of C$154.09 per share, with a total value of C$52,390.60. In related news, Director Leslie Abi-Karam acquired 340 shares of the firm’s stock in a transaction dated 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, Senior Officer David Joseph Saperstein sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of C$205.00, for a total value of C$410,000.00. 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.