TFI International (NYSE:TFII) Price Target Raised to $105.00 at Susquehanna

TFI International (NYSE:TFII - Get Free Report) had its target price lifted by equities researchers at Susquehanna from $100.00 to $105.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a "positive" rating on the stock. Susquehanna's price target points to a potential upside of 17.40% from the company's previous close.

Several other equities research analysts also recently issued reports on TFII. National Bankshares lifted their price objective on TFI International from $132.00 to $138.00 and gave the stock an "outperform" rating in a report on Friday, April 25th. Citigroup raised their target price on TFI International from $95.00 to $107.00 and gave the company a "buy" rating in a research note on Friday, April 25th. Bank of America increased their price objective on TFI International from $73.00 to $90.00 and gave the stock an "underperform" rating in a report on Friday, May 16th. TD Cowen dropped their price target on shares of TFI International from $128.00 to $115.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Finally, Veritas raised TFI International from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 18th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $121.50.

TFI International Trading Up 1.7%

Shares of NYSE TFII traded up $1.50 during midday trading on Wednesday, reaching $89.44. 54,607 shares of the stock were exchanged, compared to its average volume of 351,634. The company has a market capitalization of $7.47 billion, a P/E ratio of 19.57, a P/E/G ratio of 2.74 and a beta of 1.49. 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 has a 52-week low of $72.02 and a 52-week high of $158.93. The stock has a 50 day moving average price of $84.65 and a 200-day moving average price of $105.87.

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

Institutional Inflows and Outflows

A number of hedge funds 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 fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company's stock worth $32,000 after buying an additional 131 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in 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 purchasing an additional 160 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in TFI International by 4.2% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company's stock valued at $698,000 after purchasing an additional 363 shares during the period. BI Asset Management Fondsmaeglerselskab A S grew its position in TFI International by 7.8% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company's stock worth $5,046,000 after purchasing an additional 2,696 shares during the last quarter. Finally, United Services Automobile Association bought a new position in shares of TFI International during the 1st quarter worth about $217,000. Institutional investors and hedge funds own 73.30% 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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