TFI International (TSE:TFII) Price Target Raised to C$208.00 at National Bank Financial

Key Points

• National Bank Financial raised its price target on TFI International from C$190 to C$208 and maintained an "outperform" rating, implying roughly a 3.9% upside from the prior close.
• Analyst sentiment is broadly positive: three Buys and one Hold yield a MarketBeat consensus of "Moderate Buy" with an average target of C$177.20, while multiple brokers (Desjardins, Scotiabank, Stifel, Citi) recently lifted targets.
• Stock move and fundamentals: TFII traded up to C$200.27 on heavy volume, has a market cap of C$16.46B and a PE of 53.8, and reported quarterly EPS of C$0.96 on C$2.71B in revenue.

TFI International (TSE:TFII - Get Free Report) had its target price lifted by research analysts at National Bank Financial from C$190.00 to C$208.00 in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bank Financial's price objective would indicate a potential upside of 3.86% from the stock's previous close.

TFII has been the topic of a number of other research reports. Stifel Nicolaus upped their price objective on TFI International from C$100.00 to C$113.00 in a report on Wednesday, January 21st. Desjardins upped their price objective on TFI International from C$183.00 to C$221.00 and gave the stock a "buy" rating in a report on Tuesday. Citigroup upped their target price on TFI International from C$143.00 to C$144.00 and gave the company a "buy" rating in a report on Tuesday, April 7th. Finally, Scotiabank upped their target price on TFI International from C$170.00 to C$200.00 in a report on Tuesday. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, TFI International presently has a consensus rating of "Moderate Buy" and an average price target of C$177.20.

TFI International Price Performance

TFII stock traded up C$11.74 on Tuesday, reaching C$200.27. 410,498 shares of the company's stock were exchanged, compared to its average volume of 222,552. The stock has a fifty day moving average of C$159.39 and a 200-day moving average of C$146.26. TFI International has a twelve month low of C$109.14 and a twelve month high of C$203.93. The firm has a market cap of C$16.46 billion, a PE ratio of 53.84, a P/E/G ratio of 1.01 and a beta of 1.36. The company has a quick ratio of 1.18, a current ratio of 1.03 and a debt-to-equity ratio of 138.05.

TFI International (TSE:TFII - Get Free Report) last announced its quarterly earnings data on Monday, April 27th. The company reported C$0.96 earnings per share 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$2.71 billion for the quarter. As a group, equities analysts predict that TFI International will post 12.2345048 EPS for the current fiscal 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.