TFI International (NYSE:TFII) Price Target Raised to $125.00

TFI International (NYSE:TFII) had its price target upped by investment analysts at Royal Bank Of Canada from $102.00 to $125.00 in a report released on Monday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 18.52% from the stock’s current price.

A number of other research analysts also recently commented on TFII. UBS Group lifted their price objective on shares of TFI International from $90.00 to $102.00 and gave the company a “neutral” rating in a research report on Friday, October 3rd. JPMorgan Chase & Co. lifted their price target on TFI International from $104.00 to $106.00 and gave the stock an “outperform” rating in a report on Monday, November 3rd. CIBC upped their price objective on TFI International from $109.00 to $112.00 and gave the company an “outperform” rating in a research note on Monday, November 3rd. Zacks Research downgraded TFI International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 29th. Finally, Morgan Stanley restated an “overweight” rating and issued a $160.00 price target on shares of TFI International in a research note on Monday, December 8th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $113.40.

TFI International Stock Up 0.9%

Shares of NYSE:TFII traded up $0.95 during midday trading on Monday, reaching $105.47. The company had a trading volume of 139,507 shares, compared to its average volume of 400,752. TFI International has a 1-year low of $72.02 and a 1-year high of $141.46. The stock has a market cap of $8.66 billion, a PE ratio of 27.19, a P/E/G ratio of 6.00 and a beta of 1.50. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 0.88. The business’s 50 day moving average price is $91.63 and its 200 day moving average price is $91.24.

TFI International (NYSE:TFII) last posted its quarterly earnings results on Thursday, October 30th. The company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.01. TFI International had a return on equity of 14.20% and a net margin of 4.06%.The firm had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.49 billion. Research analysts forecast that TFI International will post 7.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TFII. United Services Automobile Association bought a new stake in TFI International in the 1st quarter valued at about $217,000. Argent Capital Management LLC raised its stake in shares of TFI International by 303.4% in the second quarter. Argent Capital Management LLC now owns 142,864 shares of the company’s stock worth $12,811,000 after purchasing an additional 107,451 shares during the last quarter. Baskin Financial Services Inc. lifted its holdings in shares of TFI International by 1.6% in the second quarter. Baskin Financial Services Inc. now owns 420,152 shares of the company’s stock valued at $37,711,000 after purchasing an additional 6,786 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of TFI International by 36.2% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,275 shares of the company’s stock valued at $1,101,000 after buying an additional 3,263 shares during the last quarter. Finally, QV Investors Inc. grew its holdings in TFI International by 0.8% during the second quarter. QV Investors Inc. now owns 352,781 shares of the company’s stock worth $31,604,000 after buying an additional 2,685 shares in the last quarter. Institutional investors own 73.30% of the company’s stock.

TFI International Company Profile

TFI International Inc (NYSE: TFII) is a leading North American transport and logistics company headquartered in Montreal, Quebec. The company operates through a network of subsidiaries that provide truckload, less-than-truckload (LTL), specialized freight, package and courier, and logistics services. By integrating these operations, TFI delivers comprehensive end-to-end solutions, including long-haul and regional transportation, expedited delivery, warehousing, and cross-border freight movement.

Originally founded in 1957 as a regional trucking outfit in Cabano, Quebec, TFI International has expanded significantly through a disciplined acquisition strategy.