Stifel Nicolaus Increases TFI International (NYSE:TFII) Price Target to $147.00

TFI International (NYSE:TFII - Get Free Report) had its target price upped by research analysts at Stifel Nicolaus from $139.00 to $147.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently 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.

TFII has been the topic of several other research reports. Bank of America decreased their price target on TFI International from $152.00 to $143.00 and set a "neutral" rating on the stock in a report on Tuesday, October 22nd. Royal Bank of Canada lowered their target price on shares of TFI International from $167.00 to $160.00 and set an "outperform" rating for the company in a report on Wednesday, October 23rd. TD Cowen cut their price target on shares of TFI International from $180.00 to $171.00 and set a "buy" rating on the stock in a report on Wednesday, October 23rd. Desjardins raised shares of TFI International from a "hold" rating to a "buy" rating in a research note on Monday, December 9th. Finally, The Goldman Sachs Group cut their target price on TFI International from $189.00 to $184.00 and set a "buy" rating on the stock in a research note on Wednesday, October 9th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat, TFI International presently has an average rating of "Moderate Buy" and an average target price of $169.50.

TFI International Price Performance

Shares of TFI International stock traded up $0.16 during trading hours on Thursday, reaching $135.48. The company's stock had a trading volume of 164,750 shares, compared to its average volume of 186,603. The firm has a 50 day moving average price of $142.47 and a 200-day moving average price of $143.71. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.98 and a quick ratio of 0.96. The stock has a market cap of $11.44 billion, a P/E ratio of 24.63, a P/E/G ratio of 1.52 and a beta of 1.58. TFI International has a one year low of $126.00 and a one year high of $162.13.

TFI International (NYSE:TFII - Get Free Report) last issued its quarterly earnings data on Monday, October 21st. The company reported $1.60 earnings per share for the quarter, missing the consensus estimate of $1.79 by ($0.19). The company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.28 billion. TFI International had a return on equity of 20.25% and a net margin of 5.67%. During the same period in the previous year, the firm earned $1.57 earnings per share. On average, analysts predict that TFI International will post 5.94 EPS for the current year.

Hedge Funds Weigh In On TFI International

Several institutional investors have recently bought and sold shares of TFII. QV Investors Inc. purchased a new stake in shares of TFI International during the third quarter valued at about $29,891,000. iA Global Asset Management Inc. lifted its position in TFI International by 1,894.5% during the third quarter. iA Global Asset Management Inc. now owns 32,910 shares of the company's stock valued at $4,505,000 after acquiring an additional 31,260 shares during the last quarter. Geode Capital Management LLC lifted its position in TFI International by 6.8% during the third quarter. Geode Capital Management LLC now owns 356,808 shares of the company's stock valued at $49,288,000 after acquiring an additional 22,566 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in TFI International in the third quarter valued at approximately $2,373,000. Finally, Toronto Dominion Bank grew its holdings in TFI International by 37.9% in the third quarter. Toronto Dominion Bank now owns 60,112 shares of the company's stock worth $8,229,000 after purchasing an additional 16,510 shares during the last quarter. 73.30% of the stock is owned by hedge funds and other institutional investors.

About TFI International

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.