TFI International (TSE:TFII) Price Target Raised to C$50.00

TFI International (TSE:TFII) had its price objective increased by BMO Capital Markets from C$47.00 to C$50.00 in a research report released on Tuesday, BayStreet.CA reports.

Other equities research analysts have also recently issued reports about the company. National Bank Financial upgraded TFI International from a sector perform rating to an outperform rating and boosted their price objective for the company from C$48.00 to C$56.00 in a research note on Tuesday, January 21st. CIBC boosted their price objective on TFI International from C$45.00 to C$48.00 in a research note on Wednesday, January 15th.

Shares of TFI International stock opened at C$48.01 on Tuesday. TFI International has a 52-week low of C$36.77 and a 52-week high of C$48.53. The stock’s 50-day simple moving average is C$44.28 and its 200 day simple moving average is C$41.83. The stock has a market capitalization of $3.61 billion and a P/E ratio of 13.40. The company has a debt-to-equity ratio of 151.01, a quick ratio of 0.98 and a current ratio of 1.10.

In related news, insider TFI International Inc. bought 12,865 shares of TFI International stock in a transaction on Friday, December 13th. The stock was acquired at an average price of C$43.79 per share, with a total value of C$563,310.75. Following the acquisition, the insider now directly owns 28,284 shares of the company’s stock, valued at C$1,238,451.71.

About TFI International

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload, Truckload, and Logistics and Last Mile segments. The Package and Courier segment engages in the pickup, transport, and delivery of items.

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