Desjardins Trims TFI International (TSE:TFII) Target Price to C$208.00

TFI International (TSE:TFII) had its price objective lowered by stock analysts at Desjardins from C$216.00 to C$208.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price objective would indicate a potential upside of 12.72% from the stock’s previous close.

TFII has been the subject of several other reports. CIBC cut their price target on TFI International from C$175.00 to C$172.00 and set an “outperform” rating for the company in a research note on Monday. BMO Capital Markets upped their target price on TFI International from C$122.00 to C$130.00 and gave the stock a “market perform” rating in a research note on Monday, January 8th. National Bankshares upped their target price on TFI International from C$209.00 to C$222.00 and gave the stock a “sector perform” rating in a research note on Wednesday, March 27th. Cormark upped their target price on TFI International from C$180.00 to C$200.00 and gave the stock a “market perform” rating in a research note on Monday, February 12th. Finally, Scotiabank increased their price target on TFI International from C$225.00 to C$235.00 and gave the company an “outperform” rating in a research note on Monday, March 25th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$182.78.

TFI International Stock Performance

Shares of TFI International stock traded down C$3.35 on Monday, hitting C$184.52. The stock had a trading volume of 155,171 shares, compared to its average volume of 190,745. TFI International has a twelve month low of C$137.36 and a twelve month high of C$220.93. The business’s 50 day moving average is C$206.24 and its two-hundred day moving average is C$181.86. The company has a quick ratio of 1.18, a current ratio of 1.25 and a debt-to-equity ratio of 90.47. The stock has a market cap of C$15.59 billion, a price-to-earnings ratio of 23.54, a price-to-earnings-growth ratio of 1.01 and a beta of 1.40.

Insiders Place Their Bets

In other news, Director Alain Bédard sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of C$201.67, for a total value of C$4,033,480.00. In other news, Director Alain Bédard sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of C$201.67, for a total value of C$4,033,480.00. Also, Senior Officer David Joseph Saperstein sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$210.00, for a total value of C$420,000.00. In the last ninety days, insiders acquired 69,290 shares of company stock worth $13,228,693 and sold 52,706 shares worth $11,109,229. Company insiders own 5.73% of the company’s stock.

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.