Analysts Set TFI International Inc. (NYSE:TFII) Target Price at $169.13

Shares of TFI International Inc. (NYSE:TFII) have been given a consensus rating of “Moderate Buy” by the fifteen ratings firms that are covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $169.13.

A number of equities research analysts recently weighed in on the stock. National Bankshares lowered their target price on shares of TFI International from $209.00 to $198.00 and set a “sector perform” rating on the stock in a report on Wednesday, October 23rd. Susquehanna lowered their price objective on TFI International from $180.00 to $170.00 and set a “positive” rating for the company in a research note on Wednesday, October 23rd. Bank of America cut their target price on TFI International from $152.00 to $143.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 22nd. CIBC increased their price target on TFI International from $166.00 to $176.00 and gave the company an “outperformer” rating in a research report on Wednesday, December 4th. Finally, Stifel Nicolaus lifted their price objective on shares of TFI International from $139.00 to $147.00 and gave the stock a “hold” rating in a report on Thursday, January 30th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC lifted its holdings in TFI International by 6.8% during the third quarter. Geode Capital Management LLC now owns 356,808 shares of the company’s stock valued at $49,288,000 after purchasing an additional 22,566 shares during the last quarter. Canoe Financial LP bought a new stake in shares of TFI International in the fourth quarter valued at approximately $1,853,000. Quantbot Technologies LP lifted its stake in shares of TFI International by 295.1% during the 3rd quarter. Quantbot Technologies LP now owns 21,484 shares of the company’s stock valued at $2,941,000 after buying an additional 16,047 shares in the last quarter. Entropy Technologies LP bought a new position in TFI International in the 3rd quarter worth approximately $643,000. Finally, iA Global Asset Management Inc. grew its stake in TFI International by 1,894.5% in the 3rd quarter. iA Global Asset Management Inc. now owns 32,910 shares of the company’s stock valued at $4,505,000 after buying an additional 31,260 shares in the last quarter. Institutional investors own 73.30% of the company’s stock.

TFI International Stock Performance

Shares of TFII stock opened at $129.36 on Friday. TFI International has a 12 month low of $124.36 and a 12 month high of $162.13. The firm has a market capitalization of $10.89 billion, a PE ratio of 23.52, a price-to-earnings-growth ratio of 1.48 and a beta of 1.57. The firm has a fifty day simple moving average of $139.52 and a two-hundred day simple moving average of $142.14. The company has a current ratio of 0.98, a quick ratio of 0.96 and a debt-to-equity ratio of 0.84.

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.