Citigroup Boosts TFI International (NYSE:TFII) Price Target to $108.00

TFI International (NYSE:TFII - Get Free Report) had its price target lifted by equities research analysts at Citigroup from $107.00 to $108.00 in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. The firm presently has a "buy" rating on the stock. Citigroup's price target would suggest a potential upside of 20.10% from the company's previous close.

A number of other brokerages also recently commented on TFII. TD Cowen reduced their price objective on shares of TFI International from $128.00 to $115.00 and set a "buy" rating for the company in a research report on Friday, April 25th. UBS Group dropped their target price on shares of TFI International from $107.00 to $88.00 and set a "neutral" rating for the company in a report on Wednesday, April 30th. Veritas raised shares of TFI International from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 18th. Stifel Nicolaus set a $88.00 price objective on shares of TFI International in a research note on Monday, April 28th. Finally, Royal Bank Of Canada dropped their price objective on shares of TFI International from $98.00 to $94.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, TFI International presently has an average rating of "Moderate Buy" and an average target price of $116.25.

TFI International Stock Performance

Shares of TFII traded down $2.50 during mid-day trading on Wednesday, hitting $89.92. 501,118 shares of the company's stock were exchanged, compared to its average volume of 364,910. TFI International has a fifty-two week low of $72.02 and a fifty-two week high of $158.93. The firm has a market capitalization of $7.47 billion, a P/E ratio of 19.68, a P/E/G ratio of 2.83 and a beta of 1.48. The business's 50 day moving average is $88.62 and its two-hundred day moving average is $98.94. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.86.

TFI International (NYSE:TFII - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.19). The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.46 billion. TFI International had a return on equity of 16.69% and a net margin of 4.59%. On average, equities analysts expect that TFI International will post 7.76 earnings per share for the current year.

Institutional Trading of TFI International

Several institutional investors have recently made changes to their positions in TFII. Brown Brothers Harriman & Co. lifted its holdings in shares of TFI International by 124.8% during the 4th quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company's stock valued at $32,000 after acquiring an additional 131 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of TFI International by 40.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company's stock valued at $74,000 after acquiring an additional 160 shares in the last quarter. United Services Automobile Association acquired a new position in shares of TFI International during the 1st quarter valued at $217,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of TFI International by 4.2% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company's stock valued at $698,000 after acquiring an additional 363 shares in the last quarter. Finally, Entropy Technologies LP lifted its holdings in shares of TFI International by 46.9% during the 1st quarter. Entropy Technologies LP now owns 13,656 shares of the company's stock valued at $1,058,000 after acquiring an additional 4,361 shares in the last quarter. 73.30% of the stock is owned by hedge funds and other institutional investors.

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.