CIBC Boosts TFI International (TSE:TFII) Price Target to C$120.00

TFI International (TSE:TFII) had its price target boosted by CIBC to C$120.00 in a research report report published on Tuesday, Stock Target Advisor reports. They currently have an outperform rating on the stock.

Other analysts also recently issued research reports about the company. Scotiabank boosted their target price on TFI International from C$109.00 to C$120.00 in a research report on Friday, April 30th. National Bank Financial boosted their price objective on TFI International to C$129.00 and gave the company an outperform rating in a research report on Wednesday, May 26th. Royal Bank of Canada boosted their price objective on TFI International to C$120.00 and gave the company an outperform rating in a research report on Thursday, April 29th. JPMorgan Chase & Co. boosted their price objective on TFI International from C$76.00 to C$90.00 in a research report on Thursday, April 8th. Finally, BMO Capital Markets boosted their price objective on TFI International to C$120.00 in a research report on Tuesday, June 1st. Six research analysts have rated the stock with a buy rating, The company currently has a consensus rating of Buy and a consensus target price of C$107.50.

TSE:TFII opened at C$112.30 on Tuesday. The stock has a 50 day moving average price of C$105.28. The company has a market cap of C$10.47 billion and a P/E ratio of 30.38. TFI International has a 1-year low of C$43.03 and a 1-year high of C$116.84. The company has a quick ratio of 1.52, a current ratio of 1.57 and a debt-to-equity ratio of 88.73.

In other news, Director Alain Bédard sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 26th. The stock was sold at an average price of C$114.56, for a total transaction of C$1,718,400.00. Following the transaction, the director now directly owns 4,165,144 shares of the company’s stock, valued at C$477,158,896.64. Insiders have sold 107,560 shares of company stock worth $11,491,536 over the last three months.

TFI International Company Profile

TFI International Inc provides transportation and logistics services in the United States, Canada, and Mexico. 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.

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Analyst Recommendations for TFI International (TSE:TFII)

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