Stifel Nicolaus Lowers TFI International (NYSE:TFII) Price Target to $139.00

TFI International (NYSE:TFII - Get Free Report) had its price objective cut by research analysts at Stifel Nicolaus from $142.00 to $139.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has a "hold" rating on the stock. Stifel Nicolaus' price objective points to a potential upside of 2.29% from the stock's previous close.

Several other research firms have also issued reports on TFII. Citigroup upped their price target on shares of TFI International from $158.00 to $170.00 and gave the company a "buy" rating in a research report on Tuesday, November 12th. The Goldman Sachs Group reduced their price target on TFI International from $189.00 to $184.00 and set a "buy" rating on the stock in a research report on Wednesday, October 9th. JPMorgan Chase & Co. lowered their price objective on TFI International from $181.00 to $178.00 and set a "buy" rating for the company in a research report 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 on the stock in a research note on Wednesday, October 23rd. Finally, Susquehanna lowered their price target on shares of TFI International from $180.00 to $170.00 and set a "positive" rating for the company in a report on Wednesday, October 23rd. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $169.00.

TFI International Stock Performance

Shares of TFII traded up $0.44 on Wednesday, reaching $135.89. 170,263 shares of the company's stock traded hands, compared to its average volume of 202,651. The stock has a market cap of $11.47 billion, a PE ratio of 24.71, a PEG ratio of 1.97 and a beta of 1.58. The stock's 50 day simple moving average is $144.19 and its two-hundred day simple moving average is $144.23. The company has a current ratio of 0.98, a quick ratio of 0.96 and a debt-to-equity ratio of 0.84. TFI International has a 52-week low of $126.00 and a 52-week high of $162.13.

TFI International (NYSE:TFII - Get Free Report) last issued its earnings results on Monday, October 21st. The company reported $1.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.79 by ($0.19). TFI International had a net margin of 5.67% and a return on equity of 20.25%. The business had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the previous year, the firm earned $1.57 EPS. On average, analysts forecast that TFI International will post 6.26 earnings per share for the current fiscal year.

Hedge Funds Weigh In On TFI International

Large investors have recently modified their holdings of the stock. Dixon Mitchell Investment Counsel Inc. boosted its stake in shares of TFI International by 0.4% in the 3rd quarter. Dixon Mitchell Investment Counsel Inc. now owns 539,815 shares of the company's stock worth $74,242,000 after buying an additional 1,980 shares during the last quarter. Geode Capital Management LLC lifted its holdings 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 purchasing an additional 22,566 shares in the last quarter. QV Investors Inc. bought a new position in shares of TFI International in the third quarter worth approximately $29,891,000. Toronto Dominion Bank increased its stake in shares of 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 in the last quarter. Finally, iA Global Asset Management Inc. lifted its stake in shares of TFI International by 1,894.5% during the 3rd quarter. iA Global Asset Management Inc. now owns 32,910 shares of the company's stock valued at $4,505,000 after buying an additional 31,260 shares in the last quarter. Hedge funds and other institutional investors own 73.30% of the company's stock.

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.