TFI International (TSE:TFI) Downgraded to “Hold” at Stephens

TFI International (TSE:TFI) was downgraded by investment analysts at Stephens from a “strong-buy” rating to a “hold” rating in a report released on Tuesday, Zacks.com reports.

Other research analysts have also issued reports about the stock. National Bank Financial lowered shares of TFI International from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 26th. Desjardins downgraded TFI International from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Finally, Cormark raised TFI International from a “hold” rating to a “moderate buy” rating in a report on Monday, July 15th.

TFI International Price Performance

TFI International (TSE:TFI) last posted its quarterly earnings data on Thursday, July 25th. The company reported C$2.34 earnings per share for the quarter, beating analysts’ consensus estimates of C$2.17 by C$0.17. The firm had revenue of C$3.10 billion during the quarter, compared to analysts’ expectations of C$3.14 billion.