TFI International (TSE:TFII) Price Target Cut to C$230.00 by Analysts at Scotiabank

TFI International (TSE:TFII - Get Free Report) had its price objective dropped by research analysts at Scotiabank from C$235.00 to C$230.00 in a report released on Monday, BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. Scotiabank's price target points to a potential upside of 23.96% from the company's current price.

Several other research analysts also recently commented on the stock. BMO Capital Markets increased their price objective on shares of TFI International from C$122.00 to C$130.00 and gave the company a "market perform" rating in a report on Monday, January 8th. Desjardins cut their price target on shares of TFI International from C$216.00 to C$208.00 and set a "buy" rating on the stock in a report on Monday. Royal Bank of Canada lifted their target price on TFI International from C$155.00 to C$173.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 16th. National Bankshares upgraded TFI International from a "sector perform" rating to an "outperform" rating and reduced their price objective for the stock from C$222.00 to C$217.00 in a report on Monday. Finally, CIBC lowered their price target on shares of TFI International from C$175.00 to C$172.00 and set an "outperform" rating for the company in a research report on Monday. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$182.78.

TFI International Stock Down 1.2 %

TSE:TFII traded down C$2.33 on Monday, reaching C$185.54. 298,947 shares of the stock traded hands, compared to its average volume of 192,546. The company has a market capitalization of C$15.68 billion, a price-to-earnings ratio of 23.54, a PEG ratio of 1.01 and a beta of 1.40. The company's fifty day simple moving average is C$206.24 and its 200 day simple moving average is C$181.86. TFI International has a 12 month low of C$137.36 and a 12 month high of C$220.93. The company has a current ratio of 1.25, a quick ratio of 1.18 and a debt-to-equity ratio of 90.47.

Insiders Place Their Bets

In related news, Senior Officer David Joseph Saperstein sold 2,000 shares of the firm's stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$210.00, for a total value of C$420,000.00. In other TFI International news, insider TFI International Inc. acquired 66,895 shares of the firm's stock in a transaction that occurred on Thursday, February 8th. The shares were acquired at an average cost of C$191.48 per share, for a total transaction of C$12,809,348.94. Also, Senior Officer David Joseph Saperstein sold 2,000 shares of the stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$210.00, for a total transaction of C$420,000.00. Over the last quarter, insiders acquired 69,290 shares of company stock worth $13,228,693 and sold 52,706 shares worth $11,109,229. 5.73% of the stock is currently owned by company insiders.

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.