TFI International Inc (TSE:TFI) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of TFI International Inc (TSE:TFI) have received a consensus rating of “Moderate Buy” from the five research firms that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company.

A number of research firms recently commented on TFI. Cormark raised TFI International from a “hold” rating to a “moderate buy” rating in a report on Monday, July 15th. National Bank Financial downgraded shares of TFI International from a “strong-buy” rating to a “hold” rating in a report on Friday, July 26th. Citigroup raised shares of TFI International to a “strong-buy” rating in a research note on Wednesday, October 9th. Desjardins downgraded shares of TFI International from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 17th. Finally, Stephens downgraded shares of TFI International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 1st.

TFI International Stock Performance

TFI International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.609 dividend. The ex-dividend date is Tuesday, December 31st. This is a positive change from TFI International’s previous quarterly dividend of $0.54. This represents a $2.44 dividend on an annualized basis and a dividend yield of ∞.