TFI International (NYSE:TFII) Price Target Raised to $112.00

TFI International (NYSE:TFIIGet Rating) had its price target hoisted by Royal Bank of Canada from $100.00 to $112.00 in a research note released on Tuesday, Benzinga reports. The firm currently has an outperform rating on the stock.

Several other equities analysts also recently commented on TFII. JPMorgan Chase & Co. cut their price objective 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. Desjardins increased their price target on TFI International from C$170.00 to C$174.00 in a research report on Tuesday. TheStreet downgraded TFI International from a b- rating to a c rating in a research report on Monday. TD Securities increased their price target on TFI International from C$125.00 to C$160.00 in a research report on Tuesday. Finally, Bank of America downgraded TFI International from a buy rating to a neutral rating and set a $95.00 price target on the stock. in a research report on Friday, April 8th. One investment analyst has rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and a consensus target price of $129.69.

TFI International Stock Performance

NYSE:TFII opened at $103.75 on Tuesday. The stock’s fifty day moving average is $83.68 and its 200 day moving average is $90.94. TFI International has a fifty-two week low of $71.63 and a fifty-two week high of $120.50. The firm has a market capitalization of $9.24 billion, a PE ratio of 13.85, a PEG ratio of 0.63 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Thursday, June 30th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend was Wednesday, June 29th. TFI International’s payout ratio is 14.42%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in TFI International by 528.9% during the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 225,532 shares of the company’s stock worth $25,295,000 after acquiring an additional 189,672 shares during the period. Toronto Dominion Bank grew its holdings in TFI International by 138.8% during the fourth quarter. Toronto Dominion Bank now owns 88,428 shares of the company’s stock worth $9,917,000 after acquiring an additional 51,392 shares during the period. Hillsdale Investment Management Inc. grew its holdings in TFI International by 3.4% during the fourth quarter. Hillsdale Investment Management Inc. now owns 102,840 shares of the company’s stock worth $11,548,000 after acquiring an additional 3,400 shares during the period. EAM Global Investors LLC grew its holdings in TFI International by 59.0% during the fourth quarter. EAM Global Investors LLC now owns 21,390 shares of the company’s stock worth $2,402,000 after acquiring an additional 7,941 shares during the period. Finally, Turtle Creek Asset Management Inc. grew its holdings in 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 valued at $124,104,000 after purchasing an additional 55,850 shares during the period. 60.04% of the stock is currently owned by hedge funds and other 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.

See Also

Analyst Recommendations for TFI International (NYSE:TFII)

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