TFI International (NYSE:TFII) Price Target Increased to $62.00 by Analysts at CIBC

TFI International (NYSE:TFII) had its price objective boosted by investment analysts at CIBC from $61.00 to $62.00 in a research note issued to investors on Wednesday, Stock Target Advisor reports. The brokerage currently has a “neutral” rating on the stock. CIBC’s price objective indicates a potential upside of 46.12% from the stock’s current price.

TFII has been the subject of a number of other research reports. Bank of America boosted their price objective on TFI International from $49.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday. BMO Capital Markets lifted their target price on shares of TFI International from $54.00 to $62.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Royal Bank of Canada increased their price target on shares of TFI International from $62.00 to $68.00 and gave the stock an “outperform” rating in a report on Friday, September 4th. Stifel Nicolaus lifted their price objective on shares of TFI International from $64.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, August 18th. Finally, Credit Suisse Group upped their target price on shares of TFI International from $45.00 to $52.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $53.89.

NYSE:TFII traded up $0.16 during trading hours on Wednesday, hitting $42.43. The stock had a trading volume of 284,006 shares, compared to its average volume of 158,736. The business’s 50 day moving average price is $44.00. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.75 and a quick ratio of 0.73. TFI International has a one year low of $15.24 and a one year high of $46.09.

TFI International (NYSE:TFII) last issued its quarterly earnings data on Monday, July 27th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.41. The business had revenue of $803.52 million during the quarter, compared to analysts’ expectations of $816.00 million. Equities research analysts expect that TFI International will post 2.64 EPS for the current fiscal year.

TFI International Company Profile

TFI International Inc, together with 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 (NYSE:TFII)

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