TFI International (NYSE:TFII) PT Lowered to $162.00 at Royal Bank of Canada

TFI International (NYSE:TFII) had its price objective lowered by Royal Bank of Canada from $173.00 to $162.00 in a report released on Monday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Royal Bank of Canada’s price target would suggest a potential upside of 24.30% from the company’s current price.

Other analysts have also issued research reports about the company. BMO Capital Markets raised their target price on TFI International from $130.00 to $140.00 and gave the company a “market perform” rating in a report on Monday, February 12th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of TFI International in a research report on Monday, January 29th. They set a “buy” rating and a $175.00 target price on the stock. Morgan Stanley increased their price target on shares of TFI International from $169.00 to $176.00 and gave the company an “overweight” rating in a report on Monday, February 12th. The Goldman Sachs Group boosted their price objective on shares of TFI International from $157.00 to $173.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Finally, CIBC lifted their target price on TFI International from $167.00 to $175.00 and gave the stock an “outperformer” rating in a research report on Tuesday, April 2nd. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat, TFI International currently has an average rating of “Moderate Buy” and an average price target of $160.78.

TFI International Stock Down 4.0 %

Shares of TFI International stock opened at $130.33 on Monday. TFI International has a 12-month low of $102.94 and a 12-month high of $162.13. The stock has a market capitalization of $11.02 billion, a P/E ratio of 23.15, a PEG ratio of 1.42 and a beta of 1.52. The company has a quick ratio of 1.64, a current ratio of 1.66 and a debt-to-equity ratio of 0.86. The stock has a 50 day moving average price of $151.29 and a two-hundred day moving average price of $134.32.

TFI International (NYSE:TFII) last posted its quarterly earnings data on Thursday, April 25th. The company reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by ($0.15). The firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.89 billion. TFI International had a return on equity of 20.39% and a net margin of 6.44%. Equities analysts expect that TFI International will post 7.47 earnings per share for the current year.

Hedge Funds Weigh In On TFI International

Institutional investors have recently modified their holdings of the stock. Cary Street Partners Investment Advisory LLC bought a new stake in shares of TFI International during the third quarter worth $27,000. UMB Bank n.a. bought a new stake in TFI International during the 1st quarter worth about $136,000. SG Americas Securities LLC acquired a new position in TFI International during the 3rd quarter valued at about $257,000. Clearbridge Investments LLC acquired a new position in TFI International during the 4th quarter valued at about $287,000. Finally, Campbell & CO Investment Adviser LLC boosted its stake in shares of TFI International by 67.0% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 3,842 shares of the company’s stock valued at $522,000 after purchasing an additional 1,542 shares during the last quarter. 73.30% of the stock is owned by institutional investors.

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.