TFI International Inc. (TSE:TFII – Get Free Report)’s stock price dropped 5.8% during mid-day trading on Wednesday . The stock traded as low as C$195.12 and last traded at C$201.44. Approximately 119,592 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 173,964 shares. The stock had previously closed at C$213.79.
Analyst Upgrades and Downgrades
TFII has been the topic of several research analyst reports. Scotiabank raised their price target on TFI International from C$225.00 to C$235.00 and gave the company an “outperform” rating in a research report on Monday, March 25th. National Bankshares raised their price target on TFI International from C$209.00 to C$222.00 and gave the company a “sector perform” rating in a research report on Wednesday, March 27th. Desjardins raised their price target on TFI International from C$208.00 to C$216.00 and gave the company a “buy” rating in a research report on Monday, February 12th. BMO Capital Markets raised their price target on TFI International from C$122.00 to C$130.00 and gave the company a “market perform” rating in a research report on Monday, January 8th. Finally, Cormark raised their price target on TFI International from C$180.00 to C$200.00 and gave the company a “market perform” rating in a research report on Monday, February 12th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$186.38.
Get Our Latest Research Report on TFI International
TFI International Trading Down 7.0 %
Insiders Place Their Bets
In other TFI International news, insider TFI International Inc. purchased 66,895 shares of the business’s stock in a transaction on Thursday, February 8th. The stock was purchased at an average price of C$191.48 per share, for a total transaction of C$12,809,348.94. In other news, insider TFI International Inc. acquired 66,895 shares of the company’s stock in a transaction dated Thursday, February 8th. The stock was bought at an average price of C$191.48 per share, with a total value of C$12,809,348.94. Also, Director Alain Bédard sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of C$217.23, for a total transaction of C$6,516,822.00. Over the last quarter, insiders acquired 68,471 shares of company stock worth $13,116,112 and sold 52,706 shares worth $11,109,229. Corporate insiders own 5.73% 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.
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