Citigroup Cuts TFI International (NYSE:TFII) Price Target to $95.00

TFI International (NYSE:TFII - Get Free Report) had its price target cut by equities research analysts at Citigroup from $130.00 to $95.00 in a report issued on Tuesday, MarketBeat Ratings reports. The brokerage currently has a "buy" rating on the stock. Citigroup's target price would indicate a potential upside of 16.99% from the stock's previous close.

A number of other research analysts also recently issued reports on TFII. The Goldman Sachs Group dropped their target price on shares of TFI International from $176.00 to $150.00 and set a "buy" rating on the stock in a research report on Friday, February 21st. Royal Bank of Canada cut their price objective on shares of TFI International from $156.00 to $127.00 and set an "outperform" rating on the stock in a research report on Friday, February 21st. Bank of America downgraded TFI International from a "neutral" rating to an "underperform" rating in a research note on Thursday, February 20th. Veritas raised TFI International from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 18th. Finally, TD Cowen reduced their price objective on TFI International from $135.00 to $128.00 and set a "buy" rating for the company in a research note on Friday, March 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, TFI International has a consensus rating of "Moderate Buy" and an average price target of $141.21.

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TFI International Trading Down 0.1 %

TFII traded down $0.05 during trading on Tuesday, reaching $81.21. 593,406 shares of the stock traded hands, compared to its average volume of 319,080. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.86. The stock's 50-day moving average is $93.44 and its 200 day moving average is $123.97. TFI International has a 12 month low of $72.02 and a 12 month high of $159.11. The stock has a market capitalization of $6.83 billion, a PE ratio of 16.24, a P/E/G ratio of 1.11 and a beta of 1.57.

TFI International (NYSE:TFII - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.40). The business had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $1.54 billion. TFI International had a net margin of 5.08% and a return on equity of 18.40%. Equities analysts anticipate that TFI International will post 7.76 earnings per share for the current year.

Hedge Funds Weigh In On TFI International

A number of hedge funds and other institutional investors have recently modified their holdings of the business. QV Investors Inc. lifted its holdings in TFI International by 60.6% during the first quarter. QV Investors Inc. now owns 350,096 shares of the company's stock worth $27,103,000 after acquiring an additional 132,166 shares during the period. BI Asset Management Fondsmaeglerselskab A S raised its stake in shares of TFI International by 7.8% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company's stock worth $5,046,000 after purchasing an additional 2,696 shares during the period. CDAM UK Ltd raised its stake in shares of TFI International by 2.5% during the 4th quarter. CDAM UK Ltd now owns 381,102 shares of the company's stock worth $51,483,000 after purchasing an additional 9,200 shares during the period. Geode Capital Management LLC boosted its holdings in shares of TFI International by 31.5% in the 4th quarter. Geode Capital Management LLC now owns 469,263 shares of the company's stock worth $64,345,000 after buying an additional 112,455 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its position in TFI International by 40.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company's stock valued at $74,000 after buying an additional 160 shares during the period. Hedge funds and other institutional investors 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.