Desjardins Upgrades TFI International (TSE:TFI) to Moderate Buy

TFI International (TSE:TFI) was upgraded by analysts at Desjardins from a “hold” rating to a “moderate buy” rating in a research report issued on Monday,Zacks.com reports.

A number of other equities research analysts have also recently commented on the company. Wolfe Research upgraded TFI International to a “strong-buy” rating in a research note on Wednesday, October 9th. Stephens cut TFI International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Finally, Citigroup upgraded TFI International to a “strong-buy” rating in a research note on Wednesday, October 9th. Two equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy”.

TFI International Stock Performance

TFI International (TSE:TFI) last issued its quarterly earnings data on Monday, October 21st. The company reported C$2.18 earnings per share for the quarter, missing analysts’ consensus estimates of C$2.43 by C($0.25). The company had revenue of C$2.98 billion during the quarter, compared to the consensus estimate of C$3.10 billion.