TFI International (TSE:TFII) Price Target Raised to C$144.00

Key Points

• Citigroup raised its price target on TFI International from C$143 to C$144 and kept a "buy" rating, but that target implies roughly a 9.18% downside versus the current share price.
• Several other analysts also lifted targets (Desjardins to C$183, Scotiabank and National Bank to C$170), leaving a MarketBeat consensus rating of Moderate Buy with a consensus target of C$156.
• TFI traded at C$158.56 mid-day with a market cap of C$13.03B and a P/E of 42.62; the company reported C$1.50 EPS and C$2.51B revenue for the latest quarter.

TFI International (TSE:TFII - Get Free Report) had its price target hoisted by Citigroup from C$143.00 to C$144.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. Citigroup's price target suggests a potential downside of 9.18% from the stock's current price.

A number of other analysts have also issued reports on TFII. Scotiabank raised their price target on TFI International from C$140.00 to C$170.00 and gave the stock a "sector perform" rating in a research note on Wednesday, January 21st. Desjardins raised their price target on TFI International from C$173.00 to C$183.00 and gave the stock a "buy" rating in a research note on Thursday, February 19th. National Bank Financial raised their price target on TFI International from C$145.00 to C$170.00 and gave the stock an "outperform" rating in a research note on Friday, January 9th. Finally, Stifel Nicolaus raised their price target on TFI International from C$100.00 to C$113.00 in a research note on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, TFI International currently has a consensus rating of "Moderate Buy" and a consensus target price of C$156.00.

TFI International Trading Up 0.1%

TSE:TFII traded up C$0.12 during mid-day trading on Tuesday, reaching C$158.56. The company's stock had a trading volume of 88,603 shares, compared to its average volume of 216,007. The company's fifty day simple moving average is C$154.03 and its two-hundred day simple moving average is C$140.92. The company has a debt-to-equity ratio of 138.05, a current ratio of 1.03 and a quick ratio of 1.18. TFI International has a twelve month low of C$103.00 and a twelve month high of C$172.53. The stock has a market cap of C$13.03 billion, a P/E ratio of 42.62, a P/E/G ratio of 1.01 and a beta of 1.36.

TFI International (TSE:TFII - Get Free Report) last issued its quarterly earnings results on Tuesday, February 17th. The company reported C$1.50 earnings per share (EPS) for the quarter. TFI International had a return on equity of 11.65% and a net margin of 3.92%.The firm had revenue of C$2.51 billion for the quarter. On average, equities analysts predict that TFI International will post 12.2345048 EPS for the current year.

TFI International Company Profile

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. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.