TFI International Inc (TSE:TFI) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of TFI International Inc (TSE:TFI) have earned a consensus recommendation of “Moderate Buy” from the five brokerages that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company.

A number of research firms have weighed in on TFI. Wolfe Research upgraded shares of TFI International to a “strong-buy” rating in a research report on Wednesday, October 9th. Citigroup upgraded shares of TFI International to a “strong-buy” rating in a report on Wednesday, October 9th. National Bank Financial downgraded shares of TFI International from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 26th. Cormark upgraded TFI International from a “hold” rating to a “moderate buy” rating in a research report on Monday, July 15th. Finally, Desjardins downgraded TFI International from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 17th.

TFI International Price Performance

TFI International Increases Dividend

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