TFI International (NYSE:TFII) Given New $116.00 Price Target at JPMorgan Chase & Co.

TFI International (NYSE:TFII) had its price target increased by JPMorgan Chase & Co. from $101.00 to $116.00 in a report released on Tuesday, MarketBeat Ratings reports. They currently have an overweight rating on the stock.

A number of other brokerages have also recently commented on TFII. TD Cowen reduced their price objective on TFI International from $115.00 to $107.00 and set a “buy” rating on the stock in a research note on Tuesday. National Bank Financial raised TFI International from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 3rd. Susquehanna Bancshares dropped their target price on TFI International from $105.00 to $100.00 and set an “outperform” rating on the stock in a research report on Friday, April 25th. Bank of America lifted their target price on TFI International from $73.00 to $90.00 and gave the stock an “underperform” rating in a research report on Friday, May 16th. Finally, Susquehanna lifted their target price on TFI International from $100.00 to $105.00 and gave the stock a “positive” rating in a research report on Wednesday, June 18th. One analyst has rated the stock with a sell rating, five have issued a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $117.13.

TFI International Trading Up 3.7%

Shares of TFII opened at $93.62 on Tuesday. The stock’s 50-day moving average is $89.40 and its two-hundred day moving average is $94.91. The stock has a market cap of $7.77 billion, a PE ratio of 21.47, a P/E/G ratio of 2.78 and a beta of 1.48. TFI International has a 12 month low of $72.02 and a 12 month high of $157.77. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.03 and a quick ratio of 1.02.

TFI International (NYSE:TFII) last issued its quarterly earnings data on Monday, July 28th. The company reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.10. The company had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.49 billion. TFI International had a return on equity of 15.44% and a net margin of 4.48%. Equities analysts forecast that TFI International will post 7.76 earnings per share for the current fiscal year.

Institutional Trading of TFI International

Several institutional investors and hedge funds have recently bought and sold shares of TFII. Brown Brothers Harriman & Co. raised its stake in TFI International by 124.8% during the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock valued at $32,000 after buying an additional 131 shares in the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of TFI International by 40.5% during the fourth 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. Geode Capital Management LLC grew its holdings in shares of TFI International by 31.5% during the fourth quarter. Geode Capital Management LLC now owns 469,263 shares of the company’s stock valued at $64,345,000 after purchasing an additional 112,455 shares during the last quarter. CDAM UK Ltd grew its holdings in shares of TFI International by 2.5% during the fourth quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock valued at $51,483,000 after purchasing an additional 9,200 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of TFI International by 7.8% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company’s stock valued at $5,046,000 after purchasing an additional 2,696 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.