Stifel Nicolaus Forecasts Strong Price Appreciation for TFI International (NYSE:TFII) Stock

TFI International (NYSE:TFII) had its target price hoisted by equities researchers at Stifel Nicolaus from $139.00 to $147.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “hold” rating on the stock. Stifel Nicolaus’ target price points to a potential upside of 8.50% from the company’s previous close.

A number of other analysts also recently weighed in on TFII. Stephens restated an “equal weight” rating and issued a $149.00 price objective (down from $176.00) on shares of TFI International in a report on Tuesday, October 1st. Susquehanna decreased their price target 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. TD Cowen cut their price objective on TFI International from $180.00 to $171.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. Royal Bank of Canada decreased their target price on shares of TFI International from $167.00 to $160.00 and set an “outperform” rating for the company in a research report on Wednesday, October 23rd. Finally, National Bankshares dropped their price target on shares of TFI International from $209.00 to $198.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 23rd. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, TFI International has an average rating of “Moderate Buy” and a consensus price target of $169.50.

TFI International Trading Up 0.1 %

TFII opened at $135.48 on Thursday. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.98 and a quick ratio of 0.96. TFI International has a fifty-two week low of $126.00 and a fifty-two week high of $162.13. The company’s 50 day moving average price is $142.31 and its two-hundred day moving average price is $143.63. The firm has a market capitalization of $11.44 billion, a price-to-earnings ratio of 24.63, a PEG ratio of 1.52 and a beta of 1.58.

Institutional Investors Weigh In On TFI International

A number of hedge funds have recently added to or reduced their stakes in the company. Plato Investment Management Ltd bought a new position in shares of TFI International in the 3rd quarter worth $134,000. Dixon Mitchell Investment Counsel Inc. lifted its stake in shares of TFI International by 0.4% in the third quarter. Dixon Mitchell Investment Counsel Inc. now owns 539,815 shares of the company’s stock valued at $74,242,000 after buying an additional 1,980 shares in the last quarter. Entropy Technologies LP bought a new position in shares of TFI International in the third quarter valued at $643,000. Toronto Dominion Bank grew its holdings in shares of TFI International by 17.4% during the second quarter. Toronto Dominion Bank now owns 43,602 shares of the company’s stock valued at $6,329,000 after buying an additional 6,475 shares during the last quarter. Finally, Canoe Financial LP bought a new stake in shares of TFI International during the fourth quarter worth about $1,853,000. Institutional investors and hedge funds own 73.30% of the company’s stock.

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.