TFI International (NYSE:TFII) Price Target Cut to $130.00 by Analysts at Citigroup

TFI International (NYSE:TFII) had its price objective reduced by Citigroup from $162.00 to $130.00 in a report issued on Tuesday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the stock. Citigroup’s target price would indicate a potential upside of 42.42% from the company’s current price.

Other equities analysts have also issued reports about the company. UBS Group lowered TFI International from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $163.00 to $107.00 in a research report on Friday, February 21st. The Goldman Sachs Group reduced their price target on TFI International from $176.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. CIBC reduced their price target on TFI International from $160.00 to $141.00 and set an “outperformer” rating on the stock in a research report on Friday, February 21st. Royal Bank of Canada reduced their price target on TFI International from $156.00 to $127.00 and set an “outperform” rating on the stock in a research report on Friday, February 21st. Finally, Desjardins raised TFI International from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, TFI International currently has an average rating of “Hold” and an average price target of $151.43.

TFI International Stock Down 1.1 %

TFII opened at $91.28 on Tuesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.03 and a quick ratio of 0.96. The stock has a market capitalization of $7.69 billion, a price-to-earnings ratio of 18.26, a price-to-earnings-growth ratio of 1.11 and a beta of 1.57. The business has a 50-day moving average of $130.12 and a two-hundred day moving average of $139.10. TFI International has a 12 month low of $88.76 and a 12 month high of $162.13.

TFI International (NYSE:TFII) last issued its earnings results on Wednesday, February 19th. The company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.40). TFI International had a return on equity of 18.40% and a net margin of 5.08%. The firm had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $1.54 billion. On average, research analysts expect that TFI International will post 7.76 earnings per share for the current year.

Institutional Trading of TFI International

Several institutional investors have recently bought and sold shares of TFII. Brown Brothers Harriman & Co. raised its position in TFI International by 124.8% in the 4th quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock valued at $32,000 after purchasing an additional 131 shares during the last quarter. CIBC Private Wealth Group LLC raised its position in TFI International by 40.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock valued at $74,000 after purchasing an additional 160 shares during the last quarter. Plato Investment Management Ltd bought a new position in TFI International in the 3rd quarter valued at $134,000. Entropy Technologies LP bought a new position in TFI International in the 3rd quarter valued at $643,000. Finally, Legato Capital Management LLC raised its position in TFI International by 8.9% in the 4th quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock valued at $1,414,000 after purchasing an additional 859 shares during the last quarter. Institutional investors and hedge funds own 73.30% of the company’s stock.

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.