TFI International (TSE:TFII) Receives Buy Rating from Cowen

Cowen reaffirmed their buy rating on shares of TFI International (TSE:TFIIGet Rating) in a research note released on Monday, Stock Target Advisor reports. Cowen currently has a C$120.00 price objective on the stock.

Several other equities research analysts have also recently weighed in on the company. Cowen reiterated a buy rating and issued a C$120.00 price objective on shares of TFI International in a report on Monday. Scotiabank raised their target price on TFI International from C$135.00 to C$138.00 in a research note on Monday, May 2nd. Bank of America cut TFI International from a buy rating to a neutral rating and lowered their target price for the company from C$145.00 to C$118.00 in a research note on Saturday, April 9th. TD Securities raised their target price on TFI International from C$125.00 to C$135.00 and gave the company a buy rating in a research note on Monday, May 2nd. Finally, National Bankshares lowered their target price on TFI International from C$146.00 to C$140.00 and set an outperform rating for the company in a research note on Wednesday, July 13th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of Moderate Buy and an average target price of C$133.65.

TFI International Price Performance

TFII opened at C$127.90 on Monday. The stock’s 50 day simple moving average is C$106.31 and its 200 day simple moving average is C$114.96. The company has a debt-to-equity ratio of 89.09, a current ratio of 1.22 and a quick ratio of 1.13. TFI International has a 1 year low of C$93.63 and a 1 year high of C$148.63. The firm has a market cap of C$11.40 billion and a price-to-earnings ratio of 12.73.

Insider Activity at TFI International

In related news, Director Alain Bédard sold 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 2nd. The stock was sold at an average price of C$104.99, for a total transaction of C$3,674,650.00. Following the completion of the transaction, the director now owns 4,244,501 shares of the company’s stock, valued at approximately C$445,630,159.99. In other TFI International news, Director Richard Guay sold 300 shares of TFI International stock in a transaction on Wednesday, May 25th. The stock was sold at an average price of C$100.41, for a total value of C$30,123.00. Following the completion of the sale, the director now owns 2,221 shares of the company’s stock, valued at approximately C$223,010.61. Also, Director Alain Bédard sold 35,000 shares of TFI International stock in a transaction on Thursday, June 2nd. The stock was sold at an average price of C$104.99, for a total value of C$3,674,650.00. Following the completion of the sale, the director now directly owns 4,244,501 shares of the company’s stock, valued at approximately C$445,630,159.99. Insiders sold a total of 70,300 shares of company stock valued at $7,235,164 in the last 90 days.

About TFI International

(Get Rating)

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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Analyst Recommendations for TFI International (TSE:TFII)

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