Cormark Raises TFI International (TSE:TFII) Price Target to C$51.00

TFI International (TSE:TFII) had its price target lifted by analysts at Cormark from C$43.00 to C$51.00 in a report released on Friday, July 27th. Cormark’s price target would suggest a potential upside of 8.35% from the stock’s previous close.

A number of other analysts also recently commented on the stock. Stifel Nicolaus restated a “buy” rating and set a C$42.00 price target on shares of TFI International in a research report on Friday, April 6th. National Bank Financial lifted their price objective on shares of TFI International from C$39.00 to C$41.00 and gave the stock an “outperform” rating in a research note on Thursday, April 26th. CIBC lifted their price objective on shares of TFI International from C$45.00 to C$47.00 in a research note on Friday, July 27th. Laurentian set a C$40.00 price objective on shares of TFI International in a research note on Thursday, April 26th. Finally, Royal Bank of Canada lifted their price objective on shares of TFI International from C$38.00 to C$40.00 and gave the stock an “outperform” rating in a research note on Thursday, April 26th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. TFI International currently has a consensus rating of “Buy” and a consensus target price of C$46.00.

TSE:TFII traded up C$0.09 during mid-day trading on Friday, hitting C$47.07. The stock had a trading volume of 350,700 shares, compared to its average volume of 287,355. TFI International has a 52 week low of C$28.68 and a 52 week high of C$47.50.

In other news, Director Alain Bédard sold 100,000 shares of TFI International stock in a transaction that occurred on Friday, August 3rd. The shares were sold at an average price of C$45.55, for a total value of C$4,555,000.00.

About TFI International

TFI International Inc, through its subsidiaries, provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload, Truckload, and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items.

See Also: Stock Symbols, CUSIP and Other Stock Identifiers

Analyst Recommendations for TFI International (TSE:TFII)

Receive News & Ratings for TFI International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TFI International and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply