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

TFI International (TSE:TFII) had its price target lowered by research analysts at National Bankshares from C$221.00 to C$209.00 in a research note issued on Thursday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ price objective would indicate a potential upside of 8.25% from the company’s current price.

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

TFI International Price Performance

TSE TFII traded down C$1.48 on Thursday, reaching C$193.08. 59,869 shares of the stock traded hands, compared to its average volume of 185,865. The company has a market cap of C$16.33 billion, a price-to-earnings ratio of 25.68, a P/E/G 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. The firm’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 quick ratio of 1.18, a current ratio of 0.94 and a debt-to-equity ratio of 123.42.

Insider Buying and Selling at TFI International

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

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.