TFI International Inc (TFII) Given Average Rating of “Buy” by Brokerages

TFI International Inc (TSE:TFII) has earned an average rating of “Buy” from the eleven brokerages that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$49.36.

A number of research firms have recently commented on TFII. TD Securities upgraded shares of TFI International from a “hold” rating to a “buy” rating and increased their price objective for the stock from C$45.00 to C$53.00 in a research note on Friday, July 27th. CIBC upped their target price on shares of TFI International from C$45.00 to C$47.00 in a report on Friday, July 27th. Royal Bank of Canada upped their target price on shares of TFI International from C$40.00 to C$46.00 and gave the company an “outperform” rating in a report on Friday, July 27th. Cormark upped their target price on shares of TFI International from C$43.00 to C$51.00 in a report on Friday, July 27th. Finally, Desjardins upped their target price on shares of TFI International from C$41.00 to C$48.00 in a report on Friday, July 27th.

TFI International stock opened at C$44.69 on Friday. TFI International has a one year low of C$29.09 and a one year high of C$49.00. The company has a quick ratio of 0.97, a current ratio of 1.05 and a debt-to-equity ratio of 96.18.

In other news, insider Tfi International Inc. bought 73,787 shares of the company’s stock in a transaction dated Friday, November 16th. The shares were bought at an average cost of C$43.50 per share, with a total value of C$3,209,734.50.

TFI International Company Profile

TFI International Inc, through its subsidiaries, provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload, Truckload, and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items.

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Analyst Recommendations for TFI International (TSE:TFII)

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