TFI International (TSE:TFII) was downgraded by CIBC from an “outperform” rating to a “neutral” rating in a report released on Friday, September 28th. They presently have a C$52.00 price objective on the stock, up from their prior price objective of C$47.00. CIBC’s price target would indicate a potential upside of 13.19% from the stock’s previous close.
A number of other brokerages have also commented on TFII. Cormark upped their price target on shares of TFI International from C$43.00 to C$51.00 in a research note on Friday, July 27th. TD Securities upgraded shares of TFI International from a “hold” rating to a “buy” rating and upped their price target for the company from C$45.00 to C$53.00 in a research note on Friday, July 27th. Stifel Nicolaus upped their price target on shares of TFI International from C$45.00 to C$51.00 in a research note on Monday, July 30th. Royal Bank of Canada increased their target price on shares of TFI International from C$40.00 to C$46.00 and gave the stock an “outperform” rating in a research report on Friday, July 27th. Finally, National Bank Financial increased their target price on shares of TFI International from C$44.00 to C$49.00 and gave the stock an “outperform” rating in a research report on Friday, July 27th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. TFI International has an average rating of “Buy” and an average price target of C$46.45.
Shares of TFII opened at C$45.94 on Friday. TFI International has a 52 week low of C$28.68 and a 52 week high of C$49.00.
TFI International Company Profile
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.
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