TFI International (TSE:TFII – Free Report) had its price target boosted by Cormark from C$180.00 to C$200.00 in a report issued on Monday morning, BayStreet.CA reports. Cormark currently has a market perform rating on the stock.
Other equities analysts have also issued research reports about the stock. BMO Capital Markets lifted their price target on shares of TFI International from C$122.00 to C$130.00 and gave the company a market perform rating in a research report on Monday, January 8th. Scotiabank boosted their target price on shares of TFI International from C$215.00 to C$225.00 and gave the stock an outperform rating in a research report on Monday. Desjardins boosted their target price on shares of TFI International from C$182.00 to C$208.00 and gave the stock a buy rating in a research report on Monday, January 8th. Finally, National Bankshares boosted their target price on shares of TFI International from C$178.00 to C$183.00 in a research report on Thursday, December 14th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and a consensus target price of C$181.00.
TFI International Trading Up 0.9 %
TFI International Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Monday, January 15th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $1.60 dividend on an annualized basis and a yield of 0.83%. This is an increase from TFI International’s previous quarterly dividend of $0.35. TFI International’s payout ratio is currently 26.32%.
Insiders Place Their Bets
In other news, insider TFI International Inc. bought 66,895 shares of TFI International stock in a transaction dated Thursday, February 8th. The shares were bought at an average price of C$191.48 per share, for a total transaction of C$12,809,348.94. In other news, Senior Officer David Joseph Saperstein sold 4,882 shares of the business’s stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of C$178.00, for a total value of C$868,996.00. Also, insider TFI International Inc. purchased 66,895 shares of TFI International stock in a transaction that occurred on Thursday, February 8th. The shares were bought at an average price of C$191.48 per share, for a total transaction of C$12,809,348.94. Corporate insiders own 5.87% of the company’s stock.
TFI International Company Profile
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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