Desjardins Cuts TFI International (TSE:TFII) Price Target to C$209.00

TFI International (TSE:TFII) had its price target reduced by stock analysts at Desjardins from C$219.00 to C$209.00 in a research report issued on Monday, BayStreet.CA reports. The firm presently has a “hold” rating on the stock. Desjardins’ price objective suggests a potential upside of 12.97% from the stock’s previous close.

A number of other brokerages have also recently weighed in on TFII. Scotiabank increased their target price on shares of TFI International from C$245.00 to C$250.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. National Bankshares cut their price objective on shares of TFI International from C$221.00 to C$209.00 and set a “sector perform” rating on the stock in a research report on Thursday. Finally, Cormark boosted their target price on shares of TFI International from C$230.00 to C$240.00 in a research note on Monday, July 29th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of C$197.57.

TFI International Price Performance

Shares of TSE TFII traded down C$1.03 on Monday, hitting C$185.00. The company’s stock had a trading volume of 63,194 shares, compared to its average volume of 188,382. The stock has a 50 day moving average of C$201.21 and a 200-day moving average of C$198.62. The company has a debt-to-equity ratio of 123.42, a current ratio of 0.94 and a quick ratio of 1.18. The company has a market capitalization of C$15.65 billion, a price-to-earnings ratio of 24.90, a price-to-earnings-growth ratio of 1.01 and a beta of 1.39. TFI International has a 12-month low of C$144.42 and a 12-month high of C$220.93.

Insiders Place Their Bets

In related news, Senior Officer David Joseph Saperstein sold 2,000 shares of TFI International stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of C$205.00, for a total value of C$410,000.00. In related news, Senior Officer David Joseph Saperstein sold 2,000 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of C$205.00, for a total value of C$410,000.00. Also, Director Leslie Abi-Karam acquired 340 shares of the stock in a transaction on Monday, July 29th. The stock was acquired at an average cost of C$154.09 per share, for a total transaction of C$52,390.60. 5.97% of the stock is currently owned by company insiders.

TFI International Company Profile

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.