TFI International (TSE:TFII) Upgraded at Desjardins

Desjardins upgraded shares of TFI International (TSE:TFII) from a hold rating to a buy rating in a report released on Monday,BayStreet.CA reports. The brokerage currently has C$236.00 price target on the stock, up from their prior price target of C$204.00.

TFII has been the topic of a number of other reports. Stifel Nicolaus dropped their target price on shares of TFI International from C$162.00 to C$158.00 in a research note on Monday, October 21st. National Bankshares raised their price objective on TFI International from C$198.00 to C$223.00 in a report on Thursday, December 5th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, TFI International currently has an average rating of “Moderate Buy” and a consensus target price of C$197.75.

TFI International Price Performance

Shares of TFII stock opened at C$217.92 on Monday. The stock has a 50 day moving average price of C$197.27 and a 200 day moving average price of C$196.86. TFI International has a 52-week low of C$151.78 and a 52-week high of C$220.93. The company has a debt-to-equity ratio of 123.42, a quick ratio of 1.18 and a current ratio of 0.94. The firm has a market capitalization of C$18.44 billion, a P/E ratio of 27.83, a P/E/G ratio of 1.01 and a beta of 1.37.

Insider Buying and Selling

In other TFI International news, Senior Officer David Joseph Saperstein sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of C$218.00, for a total value of C$218,000.00. Also, Director John Pratt bought 650 shares of the business’s stock in a transaction dated Monday, October 28th. The shares were purchased at an average cost of C$185.92 per share, with a total value of C$120,850.12. Insiders sold 70,000 shares of company stock worth $14,212,793 in the last 90 days. Insiders own 5.97% 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.