TFI International (NYSE:TFII) PT Raised to $126.00 at Credit Suisse Group

TFI International (NYSE:TFIIGet Rating) had its price target upped by research analysts at Credit Suisse Group from $103.00 to $126.00 in a note issued to investors on Monday, The Fly reports. The firm currently has a “maintains” rating on the stock. Credit Suisse Group’s target price points to a potential upside of 26.90% from the company’s previous close.

A number of other research firms have also weighed in on TFII. Royal Bank of Canada raised their target price on shares of TFI International from $97.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, May 2nd. Desjardins reduced their target price on shares of TFI International from C$173.00 to C$170.00 in a report on Tuesday, May 3rd. The Goldman Sachs Group dropped their price target on TFI International from $130.00 to $116.00 and set a “buy” rating on the stock in a research note on Tuesday, June 7th. National Bank Financial dropped their target price on TFI International from C$146.00 to C$140.00 in a research report on Wednesday, July 13th. Finally, JPMorgan Chase & Co. dropped their target price on TFI International from $134.00 to $112.00 and set an “overweight” rating on the stock in a research report on Friday, April 8th. One investment analyst has rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $129.47.

TFI International Price Performance

Shares of TFI International stock traded down $1.56 on Monday, hitting $99.29. 85,758 shares of the company traded hands, compared to its average volume of 243,053. The stock has a market capitalization of $8.85 billion, a P/E ratio of 13.32, a price-to-earnings-growth ratio of 0.76 and a beta of 1.72. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.19 and a current ratio of 1.21. TFI International has a 52 week low of $71.63 and a 52 week high of $120.50. The business has a 50-day simple moving average of $82.74 and a 200 day simple moving average of $91.06.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. FDx Advisors Inc. raised its stake in TFI International by 5.8% in the 1st quarter. FDx Advisors Inc. now owns 8,228 shares of the company’s stock valued at $876,000 after purchasing an additional 451 shares during the last quarter. Toronto Dominion Bank raised its stake in TFI International by 138.8% in the 4th quarter. Toronto Dominion Bank now owns 88,428 shares of the company’s stock valued at $9,917,000 after purchasing an additional 51,392 shares during the last quarter. Metatron Capital SICAV plc acquired a new position in TFI International in the 4th quarter valued at $965,000. Turtle Creek Asset Management Inc. raised its stake in TFI International by 5.3% in the 4th quarter. Turtle Creek Asset Management Inc. now owns 1,106,986 shares of the company’s stock valued at $124,104,000 after purchasing an additional 55,850 shares during the last quarter. Finally, Navellier & Associates Inc. raised its stake in TFI International by 0.9% in the 1st quarter. Navellier & Associates Inc. now owns 40,639 shares of the company’s stock valued at $4,328,000 after purchasing an additional 363 shares during the last quarter. 60.04% of the stock is owned by institutional investors and hedge funds.

About TFI International

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TFI International Inc provides transportation and logistics services in the United States, Canada, and Mexico. 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.

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