TFI International (TSE:TFII) Price Target Cut to C$209.00 by Analysts at National Bankshares

TFI International (TSE:TFII) had its price objective lowered by National Bankshares from C$221.00 to C$209.00 in a research note released on Thursday morning, BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

A number of other equities analysts also recently issued reports on TFII. Cormark increased their price target on TFI International from C$230.00 to C$240.00 in a research report on Monday, July 29th. Scotiabank raised their price objective on TFI International from C$245.00 to C$250.00 and gave the company an outperform rating in a research report on Monday, July 29th. Finally, Desjardins cut TFI International from a buy rating to a hold rating and increased their price target for the company from C$207.00 to C$219.00 in a research note on Wednesday, July 17th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, TFI International presently has a consensus rating of Hold and an average price target of C$199.00.

TFI International Price Performance

TFII opened at C$192.62 on Thursday. TFI International has a 12-month low of C$144.42 and a 12-month high of C$220.93. The company has a current ratio of 0.94, a quick ratio of 1.18 and a debt-to-equity ratio of 123.42. The business’s fifty day simple moving average is C$202.19 and its 200-day simple moving average is C$198.85. The company has a market capitalization of C$16.30 billion, a price-to-earnings ratio of 25.68, a PEG ratio of 1.01 and a beta of 1.39.

Insider Activity at TFI International

In related news, Director Leslie Abi-Karam purchased 340 shares of TFI International stock in a transaction that occurred on Monday, July 29th. The stock was bought at an average cost of C$154.09 per share, for a total transaction of C$52,390.60. In other TFI International news, Director Leslie Abi-Karam acquired 340 shares of the company’s stock in a transaction on Monday, July 29th. The shares were bought at an average cost of C$154.09 per share, with a total value of C$52,390.60. Also, Director Alain Bédard sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of C$197.85, for a total value of C$4,946,250.00. 5.97% of the stock is 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.