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

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

Other equities analysts have also recently issued reports about the stock. Royal Bank of Canada dropped their price target on shares of TFI International from $167.00 to $160.00 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd. Susquehanna dropped their price objective on TFI International from $180.00 to $170.00 and set a “positive” rating for the company in a report on Wednesday, October 23rd. TD Cowen decreased their target price on TFI International from $180.00 to $171.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. The Goldman Sachs Group cut their price target on shares of TFI International from $189.00 to $184.00 and set a “buy” rating on the stock in a report on Wednesday, October 9th. Finally, Bank of America lowered their price objective on shares of TFI International from $152.00 to $143.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. Six investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, TFI International has an average rating of “Moderate Buy” and a consensus target price of $169.13.

TFI International Price Performance

NYSE:TFII opened at $137.79 on Thursday. The firm has a market capitalization of $11.63 billion, a price-to-earnings ratio of 25.05, a PEG ratio of 1.56 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. The business has a 50 day simple moving average of $141.82 and a 200-day simple moving average of $143.35. TFI International has a 1 year low of $126.00 and a 1 year high of $162.13.

Hedge Funds Weigh In On TFI International

Several institutional investors and hedge funds have recently bought and sold shares of the company. Dixon Mitchell Investment Counsel Inc. boosted its stake in 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 purchasing an additional 1,980 shares in the last quarter. Geode Capital Management LLC lifted its stake 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 buying an additional 22,566 shares during the period. QV Investors Inc. acquired a new stake in shares of TFI International during the third quarter worth $29,891,000. Toronto Dominion Bank grew its holdings in shares of TFI International by 37.9% during the third quarter. Toronto Dominion Bank now owns 60,112 shares of the company’s stock valued at $8,229,000 after buying an additional 16,510 shares during the last quarter. Finally, iA Global Asset Management Inc. increased its position in shares of TFI International by 1,894.5% in the 3rd 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 period. 73.30% of the stock is owned by hedge funds and other 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.