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

TFI International (NYSE:TFII - Free Report) had its price objective increased by Stifel Nicolaus from $139.00 to $147.00 in a report released on Thursday,BayStreet.CA reports. Stifel Nicolaus currently has a hold rating on the stock.

A number of other analysts have also issued reports on the company. Susquehanna lowered their target price on TFI International from $180.00 to $170.00 and set a "positive" rating on the stock in a report on Wednesday, October 23rd. Royal Bank of Canada dropped 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 report on Wednesday, October 23rd. CIBC increased their price target on shares of TFI International from $166.00 to $176.00 and gave the company an "outperformer" rating in a report on Wednesday, December 4th. Bank of America dropped their price objective on shares of TFI International from $152.00 to $143.00 and set a "neutral" rating on the stock in a report on Tuesday, October 22nd. Finally, Desjardins upgraded shares of TFI International from a "hold" rating to a "buy" rating in a research note on Monday, December 9th. Six equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $169.13.

TFI International Stock Performance

NYSE:TFII traded down $4.87 during midday trading on Thursday, reaching $126.94. The stock had a trading volume of 339,248 shares, compared to its average volume of 200,610. The stock has a market capitalization of $10.71 billion, a P/E ratio of 23.08, a PEG ratio of 1.49 and a beta of 1.58. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.98 and a quick ratio of 0.96. TFI International has a 1-year low of $124.36 and a 1-year high of $162.13. The firm's fifty day simple moving average is $141.48 and its 200-day simple moving average is $143.00.

Institutional Trading of TFI International

Several large investors have recently added to or reduced their stakes in TFII. Geode Capital Management LLC lifted its position in shares of TFI International by 6.8% during the third quarter. Geode Capital Management LLC now owns 356,808 shares of the company's stock worth $49,288,000 after purchasing an additional 22,566 shares in the last quarter. Canoe Financial LP bought a new stake in shares of TFI International during the fourth quarter worth $1,853,000. Quantbot Technologies LP lifted its stake in shares of TFI International by 295.1% during the third quarter. Quantbot Technologies LP now owns 21,484 shares of the company's stock valued at $2,941,000 after acquiring an additional 16,047 shares during the period. Entropy Technologies LP bought a new position in TFI International in the third quarter valued at about $643,000. Finally, iA Global Asset Management Inc. increased its position in TFI International by 1,894.5% in the third quarter. iA Global Asset Management Inc. now owns 32,910 shares of the company's stock worth $4,505,000 after purchasing an additional 31,260 shares during the period. 73.30% of the stock is owned by institutional investors.

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.