TFI International (TSE:TFII) Lifted to “Outperform” at National Bankshares

TFI International (TSE:TFII) was upgraded by investment analysts at National Bankshares from a “sector perform” rating to an “outperform” rating in a research report issued on Monday, BayStreet.CA reports. The brokerage currently has a C$217.00 price target on the stock, down from their prior price target of C$222.00. National Bankshares’ target price indicates a potential upside of 21.04% from the stock’s previous close.

A number of other brokerages have also weighed in on TFII. CIBC reduced their price target on TFI International from C$175.00 to C$172.00 and set an “outperform” rating on the stock in a research note on Monday. Desjardins reduced their price target on TFI International from C$216.00 to C$208.00 and set a “buy” rating on the stock in a research note on Monday. Cormark upped their price objective on TFI International from C$180.00 to C$200.00 and gave the stock a “market perform” rating in a report on Monday, February 12th. Royal Bank of Canada upped their price objective on TFI International from C$155.00 to C$173.00 and gave the stock an “outperform” rating in a report on Tuesday, April 16th. Finally, Scotiabank upped their price objective on TFI International from C$225.00 to C$235.00 and gave the stock an “outperform” rating in a report on Monday, March 25th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$182.78.

TFI International Trading Down 3.4 %

Shares of TFI International stock opened at C$179.28 on Monday. TFI International has a fifty-two week low of C$137.36 and a fifty-two week high of C$220.93. The firm has a market cap of C$15.16 billion, a PE ratio of 23.34, a P/E/G ratio of 1.01 and a beta of 1.40. The business’s fifty day moving average is C$205.68 and its two-hundred day moving average is C$182.07. The company has a quick ratio of 1.18, a current ratio of 1.66 and a debt-to-equity ratio of 113.80.

Insider Activity at TFI International

In related news, Director Alain Bédard sold 20,000 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of C$201.67, for a total value of C$4,033,480.00. In other TFI International news, insider TFI International Inc. bought 66,895 shares of the stock in a transaction dated Thursday, February 8th. The stock was bought at an average cost of C$191.48 per share, for a total transaction of C$12,809,348.94. Also, Director Alain Bédard sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of C$201.67, for a total value of C$4,033,480.00. In the last three months, insiders purchased 69,290 shares of company stock worth $13,228,693 and sold 52,706 shares worth $11,109,229. 5.75% of the stock is owned by insiders.

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.