TFI International (NYSE:TFII – Get Free Report) had its target price raised by equities research analysts at UBS Group from $88.00 to $90.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s target price would suggest a potential upside of 2.47% from the stock’s previous close.
Other equities research analysts also recently issued research reports about the stock. Susquehanna Bancshares decreased their price target 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. BMO Capital Markets cut their price objective on TFI International from $89.00 to $88.00 and set a “market perform” rating for the company in a report on Friday, April 25th. Scotiabank cut TFI International from a “sector outperform” rating to a “sector perform” rating in a report on Thursday, July 10th. Bank of America lifted their price objective on TFI International from $73.00 to $90.00 and gave the company an “underperform” rating in a report on Friday, May 16th. Finally, Susquehanna lifted their price objective on TFI International from $100.00 to $105.00 and gave the company a “positive” rating in a report on Wednesday, June 18th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $117.13.
Get Our Latest Stock Report on TFII
TFI International Stock Down 6.3%
TFI International (NYSE:TFII – Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The company reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.10. TFI International had a net margin of 4.48% and a return on equity of 15.45%. The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.49 billion. On average, analysts anticipate that TFI International will post 7.76 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in TFII. Brown Brothers Harriman & Co. raised its holdings in shares of TFI International by 124.8% in 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 during the last quarter. CIBC Private Wealth Group LLC raised its holdings in shares of TFI International by 40.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock valued at $74,000 after buying an additional 160 shares during the last quarter. United Services Automobile Association bought a new position in shares of TFI International in the first quarter valued at about $217,000. Sumitomo Mitsui Trust Group Inc. raised its holdings in TFI International by 4.2% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company’s stock worth $698,000 after purchasing an additional 363 shares during the last quarter. Finally, Entropy Technologies LP raised its holdings in TFI International by 46.9% during the 1st quarter. Entropy Technologies LP now owns 13,656 shares of the company’s stock worth $1,058,000 after purchasing an additional 4,361 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.
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