TFI International (NYSE:TFII) Given New C$174.00 Price Target at Desjardins

TFI International (NYSE:TFIIGet Rating) had its price target raised by Desjardins from C$170.00 to C$174.00 in a research note released on Tuesday, The Fly reports.

TFII has been the topic of several other reports. Cowen upped their price objective on shares of TFI International from $102.00 to $120.00 in a report on Monday. Cowen increased their price target on shares of TFI International from $102.00 to $120.00 in a report on Monday. Scotiabank increased their price target on shares of TFI International from C$143.00 to C$157.00 in a report on Tuesday. Credit Suisse Group upped their price objective on shares of TFI International from $103.00 to $126.00 and gave the stock a maintains rating in a research report on Monday. Finally, TD Securities upped their price objective on shares of TFI International from C$125.00 to C$160.00 in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, TFI International currently has an average rating of Moderate Buy and an average price target of $129.69.

TFI International Price Performance

NYSE TFII opened at $99.37 on Tuesday. The company has a market cap of $8.85 billion, a PE ratio of 13.27, a price-to-earnings-growth ratio of 0.76 and a beta of 1.72. TFI International has a 52 week low of $71.63 and a 52 week high of $120.50. The company has a quick ratio of 1.19, a current ratio of 1.21 and a debt-to-equity ratio of 0.71. The firm’s 50-day simple moving average is $83.19 and its two-hundred day simple moving average is $90.99.

TFI International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Thursday, June 30th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Wednesday, June 29th. TFI International’s payout ratio is currently 14.42%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. FDx Advisors Inc. grew its position in TFI International by 5.8% during the first quarter. FDx Advisors Inc. now owns 8,228 shares of the company’s stock valued at $876,000 after acquiring an additional 451 shares during the last quarter. Toronto Dominion Bank grew its holdings in shares of TFI International by 138.8% in the fourth quarter. Toronto Dominion Bank now owns 88,428 shares of the company’s stock worth $9,917,000 after purchasing an additional 51,392 shares during the last quarter. Metatron Capital SICAV plc bought a new position in shares of TFI International in the fourth quarter worth approximately $965,000. Turtle Creek Asset Management Inc. grew its holdings in shares of TFI International by 5.3% in the fourth quarter. Turtle Creek Asset Management Inc. now owns 1,106,986 shares of the company’s stock worth $124,104,000 after purchasing an additional 55,850 shares during the last quarter. Finally, Navellier & Associates Inc. grew its holdings in shares of TFI International by 0.9% in the first quarter. Navellier & Associates Inc. now owns 40,639 shares of the company’s stock worth $4,328,000 after purchasing an additional 363 shares during the last quarter. 60.04% of the stock is currently owned by institutional investors.

TFI International Company Profile

(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 (NYSE:TFII)

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