TFI International (NYSE:TFII) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

TFI International (NYSE:TFII) had its price objective lifted by equities researchers at Stifel Nicolaus from $139.00 to $147.00 in a report released on Thursday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. Stifel Nicolaus’ target price indicates a potential upside of 6.86% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Citigroup raised their price objective on shares of TFI International from $158.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. TD Securities decreased their target price on TFI International from $180.00 to $171.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Bank of America decreased their target price on TFI International from $152.00 to $143.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 22nd. National Bankshares decreased their target price on TFI International from $209.00 to $198.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 23rd. Finally, Susquehanna decreased their target price on TFI International from $180.00 to $170.00 and set a “positive” rating on the stock in a research report on Wednesday, October 23rd. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, TFI International presently has a consensus rating of “Moderate Buy” and a consensus price target of $169.13.

TFI International Stock Performance

Shares of NYSE TFII traded down $0.46 during midday trading on Thursday, reaching $137.56. 28,602 shares of the stock were exchanged, compared to its average volume of 181,641. The firm has a market cap of $11.61 billion, a price-to-earnings ratio of 24.98, a PEG ratio of 1.52 and a beta of 1.58. TFI International has a twelve month low of $126.00 and a twelve month high of $162.13. The firm has a 50-day simple moving average of $142.02 and a two-hundred day simple moving average of $143.39. The company has a quick ratio of 0.96, a current ratio of 0.98 and a debt-to-equity ratio of 0.84.

Hedge Funds Weigh In On TFI International

Several hedge funds and other institutional investors have recently made changes to their positions in TFII. Plato Investment Management Ltd purchased a new stake in TFI International during the third quarter worth approximately $134,000. Entropy Technologies LP acquired a new position in shares of TFI International in the third quarter valued at approximately $643,000. Legato Capital Management LLC increased its holdings in shares of TFI International by 8.9% in the fourth quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock valued at $1,414,000 after purchasing an additional 859 shares during the period. Canoe Financial LP acquired a new position in shares of TFI International in the fourth quarter valued at approximately $1,853,000. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of TFI International in the third quarter valued at approximately $2,373,000. Hedge funds and other institutional investors own 73.30% of the company’s stock.

About TFI International

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.