TFI International (TSE:TFII – Get Free Report) was downgraded by stock analysts at Desjardins from a “buy” rating to a “hold” rating in a report released on Wednesday, BayStreet.CA reports. They presently have a C$219.00 price objective on the stock, up from their previous price objective of C$207.00. Desjardins’ price objective indicates a potential upside of 3.74% from the company’s current price.
Several other research analysts also recently weighed in on the company. National Bankshares raised TFI International from a “sector perform” rating to an “outperform” rating and reduced their target price for the stock from C$222.00 to C$217.00 in a research note on Monday, April 29th. Scotiabank reduced their price target on shares of TFI International from C$235.00 to C$230.00 and set an “outperform” rating for the company in a research report on Monday, April 29th. Royal Bank of Canada raised their price target on shares of TFI International from C$155.00 to C$173.00 and gave the company an “outperform” rating in a research note on Tuesday, April 16th. Finally, CIBC cut their price objective on TFI International from C$175.00 to C$172.00 and set an “outperform” rating for the company in a research note on Monday, April 29th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, TFI International presently has an average rating of “Moderate Buy” and a consensus price target of C$186.38.
View Our Latest Analysis on TFII
TFI International Stock Performance
Insiders Place Their Bets
In other news, Director Sébastien Martel acquired 2,110 shares of the business’s stock in a transaction that occurred on Tuesday, May 14th. The stock was purchased at an average cost of C$189.23 per share, for a total transaction of C$399,279.52. In other TFI International news, Director Sébastien Martel bought 2,110 shares of the business’s stock in a transaction on Tuesday, May 14th. The stock was bought at an average price of C$189.23 per share, with a total value of C$399,279.52. Also, Director Alain Bédard sold 15,995 shares of TFI International stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of C$193.46, for a total value of C$3,094,381.50. 5.91% of the stock is currently owned by corporate insiders.
TFI International Company Profile
TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. 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 in North America.
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