TD Cowen Lowers TFI International (NYSE:TFII) Price Target to $107.00

TFI International (NYSE:TFII) had its target price lowered by stock analysts at TD Cowen from $115.00 to $107.00 in a report issued on Tuesday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. TD Cowen’s price objective suggests a potential upside of 21.83% from the stock’s current price.

Several other research firms also recently issued reports on TFII. National Bankshares boosted their price objective on shares of TFI International from $132.00 to $138.00 and gave the stock an “outperform” rating in a report on Friday, April 25th. BMO Capital Markets lowered their target price on shares of TFI International from $89.00 to $88.00 and set a “market perform” rating on the stock in a research note on Friday, April 25th. CIBC lowered their target price on shares of TFI International from $118.00 to $110.00 and set an “outperformer” rating on the stock in a research note on Tuesday, July 8th. Susquehanna Bancshares lowered their target price on shares of TFI International from $105.00 to $100.00 and set an “outperform” rating on the stock in a research note on Friday, April 25th. Finally, Stifel Nicolaus upped their target price on shares of TFI International from $88.00 to $91.00 and gave the company a “hold” rating in a research note on Thursday, July 24th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $117.13.

TFI International Stock Performance

NYSE:TFII opened at $87.83 on Tuesday. The firm’s 50-day moving average is $89.41 and its 200-day moving average is $94.86. TFI International has a 52-week low of $72.02 and a 52-week high of $157.77. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.02 and a current ratio of 1.05. The company has a market cap of $7.29 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 2.93 and a beta of 1.48.

TFI International (NYSE:TFII) last posted its quarterly earnings data on Monday, July 28th. The company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.10. TFI International had a net margin of 4.48% and a return on equity of 15.45%. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.49 billion. Equities research analysts anticipate that TFI International will post 7.76 earnings per share for the current year.

Institutional Trading of TFI International

Several large investors have recently added to or reduced their stakes in TFII. Brown Brothers Harriman & Co. lifted its position in shares of TFI International by 124.8% during the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock worth $32,000 after purchasing an additional 131 shares in the last quarter. CIBC Private Wealth Group LLC lifted its position 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 worth $74,000 after purchasing an additional 160 shares in the last quarter. Geode Capital Management LLC lifted its position 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 worth $64,345,000 after purchasing an additional 112,455 shares in the last quarter. CDAM UK Ltd lifted its position 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 worth $51,483,000 after purchasing an additional 9,200 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its position 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 worth $5,046,000 after purchasing an additional 2,696 shares in the last quarter. 73.30% of the stock is owned by institutional investors.

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.