CIBC Lowers TFI International (TSE:TFII) Price Target to C$172.00

TFI International (TSE:TFII) had its target price decreased by research analysts at CIBC from C$175.00 to C$172.00 in a research note issued on Monday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. CIBC’s target price indicates a potential downside of 4.06% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Desjardins lifted their price target on TFI International from C$208.00 to C$216.00 and gave the company a “buy” rating in a research note on Monday, February 12th. Scotiabank lifted 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. Cormark lifted their price target on TFI International from C$180.00 to C$200.00 and gave the company a “market perform” rating in a research note on Monday, February 12th. National Bankshares raised their price objective on TFI International from C$209.00 to C$222.00 and gave the company a “sector perform” rating in a report on Wednesday, March 27th. Finally, BMO Capital Markets raised their price objective on TFI International from C$122.00 to C$130.00 and gave the company a “market perform” rating in a report on Monday, January 8th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, TFI International currently has a consensus rating of “Moderate Buy” and a consensus price target of C$182.78.

TFI International Stock Performance

TFII stock opened at C$179.28 on Monday. The business’s fifty day moving average is C$205.68 and its 200-day moving average is C$182.07. The company has a quick ratio of 1.18, a current ratio of 1.66 and a debt-to-equity ratio of 113.80. The company has a market cap of C$15.16 billion, a P/E ratio of 23.34, a price-to-earnings-growth ratio of 1.01 and a beta of 1.40. TFI International has a twelve month low of C$137.36 and a twelve month high of C$220.93.

Insider Activity

In other TFI International news, insider TFI International Inc. purchased 66,895 shares of the company’s stock in a transaction dated Thursday, February 8th. The stock was bought at an average cost of C$191.48 per share, for a total transaction of C$12,809,348.94. In other news, insider TFI International Inc. acquired 66,895 shares of the stock in a transaction on Thursday, February 8th. The stock was acquired at an average cost of C$191.48 per share, for a total transaction of C$12,809,348.94. Also, Director Alain Bédard sold 30,000 shares of the business’s stock in a transaction on Monday, March 25th. The stock was sold at an average price of C$217.23, for a total transaction of C$6,516,822.00. Over 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. 5.75% of the stock is owned by company insiders.

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.