National Bankshares Cuts TFI International (TSE:TFII) Price Target to C$140.00

Key Points

• National Bankshares has lowered the price target for TFI International from C$142.00 to C$140.00, maintaining an "outperform" rating for the stock.
• Other analysts, including Scotiabank and Desjardins, have also made recent adjustments to their ratings and price targets for TFI International.
• The stock traded up C$4.48 to C$128.58 on Tuesday, with a market cap of C$7.67 billion and a 52-week range between C$102.57 and C$219.48.

TFI International (TSE:TFII - Get Free Report) had its price target lowered by investment analysts at National Bankshares from C$142.00 to C$140.00 in a report issued on Tuesday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. National Bankshares' target price points to a potential upside of 8.88% from the company's previous close.

A number of other research analysts have also recently weighed in on TFII. Scotiabank cut shares of TFI International from an "outperform" rating to a "sector perform" rating and dropped their price objective for the stock from C$145.00 to C$140.00 in a research note on Thursday, July 10th. Desjardins dropped their price target on TFI International from C$171.00 to C$164.00 and set a "buy" rating for the company in a research report on Friday, April 25th.

TFI International Stock Performance

Shares of TFI International stock traded up C$4.48 on Tuesday, hitting C$128.58. The stock had a trading volume of 350,167 shares, compared to its average volume of 292,465. The stock has a market cap of C$7.67 billion, a price-to-earnings ratio of 16.31, a P/E/G ratio of 1.01 and a beta of 1.37. The company has a current ratio of 0.98, a quick ratio of 1.18 and a debt-to-equity ratio of 115.17. TFI International has a 52-week low of C$102.57 and a 52-week high of C$219.48. The company's 50 day moving average price is C$122.29 and its 200 day moving average price is C$133.31.

About TFI International

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads.

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