TFI International (TSE:TFII) Rating Increased to Buy at Desjardins

Desjardins upgraded shares of TFI International (TSE:TFII) from a hold rating to a buy rating in a report issued on Monday,BayStreet.CA reports. Desjardins currently has C$236.00 price target on the stock, up from their prior price target of C$204.00.

Other equities research analysts have also issued research reports about the company. Stifel Nicolaus dropped their price objective on TFI International from C$162.00 to C$158.00 in a research note on Monday, October 21st. National Bankshares lifted their price objective on TFI International from C$198.00 to C$223.00 in a research note on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$197.75.

TFI International Stock Performance

Shares of TFII opened at C$215.28 on Monday. The company has a current ratio of 0.94, a quick ratio of 1.18 and a debt-to-equity ratio of 123.42. The stock has a 50 day moving average of C$196.12 and a 200 day moving average of C$196.44. TFI International has a 12 month low of C$151.78 and a 12 month high of C$220.93. The company has a market capitalization of C$18.21 billion, a price-to-earnings ratio of 27.49, a PEG ratio of 1.01 and a beta of 1.37.

Insider Activity

In other TFI International news, Director Alain Bédard sold 15,000 shares of the stock in a transaction on Thursday, November 28th. The stock was sold at an average price of C$210.10, for a total value of C$3,151,470.00. Also, Director John Pratt acquired 650 shares of the business’s stock in a transaction dated Monday, October 28th. The shares were purchased at an average price of C$185.92 per share, with a total value of C$120,850.12. Insiders have sold 69,000 shares of company stock valued at $13,994,793 in the last ninety days. 5.97% of the stock is currently owned by company insiders.

TFI International Company Profile

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.