TFI International (TSE:TFII) PT Raised to C$240.00

TFI International (TSE:TFII) had its target price lifted by Cormark from C$230.00 to C$240.00 in a report released on Monday, BayStreet.CA reports.

A number of other analysts also recently commented on the stock. Royal Bank of Canada boosted their price target on shares of TFI International from C$155.00 to C$173.00 and gave the stock an outperform rating in a research report on Tuesday, April 16th. National Bankshares raised shares of TFI International from a sector perform rating to an outperform rating and lowered their price objective for the stock from C$222.00 to C$217.00 in a research note on Monday, April 29th. CIBC lowered their price objective on shares of TFI International from C$175.00 to C$172.00 and set an outperform rating on the stock in a research note on Monday, April 29th. Desjardins cut shares of TFI International from a buy rating to a hold rating and lifted their price objective for the stock from C$207.00 to C$219.00 in a research note on Wednesday, July 17th. Finally, Scotiabank lowered their price objective on shares of TFI International from C$235.00 to C$230.00 and set an outperform rating on the stock in a research note on Monday, April 29th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, TFI International has a consensus rating of Moderate Buy and an average price target of C$194.38.

TFI International Stock Down 1.7 %

TFII stock opened at C$211.36 on Monday. TFI International has a 52 week low of C$144.42 and a 52 week high of C$220.93. The company has a market capitalization of C$17.87 billion, a price-to-earnings ratio of 27.49, a price-to-earnings-growth ratio of 1.01 and a beta of 1.44. The firm’s 50-day moving average is C$197.47 and its two-hundred day moving average is C$196.35. The company has a current ratio of 1.66, a quick ratio of 1.18 and a debt-to-equity ratio of 113.80.

TFI International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Monday, July 15th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date was Friday, June 28th. TFI International’s dividend payout ratio (DPR) is presently 28.61%.

Insider Buying and Selling at TFI International

In other news, Director Leslie Abi-Karam acquired 340 shares of TFI International stock in a transaction dated Monday, July 29th. The stock was acquired at an average cost of C$154.09 per share, for a total transaction of C$52,390.60. In related news, Director Steven Brookshaw sold 6,577 shares of the company’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of C$187.89, for a total transaction of C$1,235,739.38. Also, Director Leslie Abi-Karam bought 340 shares of the business’s stock in a transaction that occurred on Monday, July 29th. The shares were bought at an average price of C$154.09 per share, with a total value of C$52,390.60. Corporate insiders own 5.91% of the company’s stock.

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.