Brokerages Set TFI International Inc. (NYSE:TFII) Target Price at $169.13

Shares of TFI International Inc. (NYSE:TFII) have received a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are currently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $170.85.

A number of equities analysts have weighed in on the stock. TD Cowen reduced their price objective on shares of TFI International from $180.00 to $171.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. Susquehanna reduced their price target on shares of TFI International from $180.00 to $170.00 and set a “positive” rating for the company in a research report on Wednesday, October 23rd. Stifel Nicolaus lifted their price objective on TFI International from $139.00 to $147.00 and gave the stock a “hold” rating in a report on Thursday, January 30th. CIBC boosted their price objective on TFI International from $166.00 to $176.00 and gave the stock an “outperformer” rating in a research note on Wednesday, December 4th. Finally, 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.

TFI International Trading Up 0.1 %

Shares of TFII stock opened at $129.88 on Friday. TFI International has a 1-year low of $124.36 and a 1-year high of $162.13. The company has a market cap of $10.94 billion, a price-to-earnings ratio of 23.61, a PEG ratio of 1.48 and a beta of 1.57. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.98 and a quick ratio of 0.96. The stock has a 50 day simple moving average of $138.63 and a 200-day simple moving average of $141.79.

Institutional Trading of TFI International

Several hedge funds have recently made changes to their positions in TFII. Legato Capital Management LLC grew its position in TFI International by 8.9% in the fourth quarter. Legato Capital Management LLC now owns 10,468 shares of the company’s stock worth $1,414,000 after acquiring an additional 859 shares during the period. Plato Investment Management Ltd acquired a new stake in shares of TFI International during the 3rd quarter worth about $134,000. Dixon Mitchell Investment Counsel Inc. raised its holdings in TFI International by 0.4% in the 3rd quarter. Dixon Mitchell Investment Counsel Inc. now owns 539,815 shares of the company’s stock valued at $74,242,000 after buying an additional 1,980 shares during the period. Amundi lifted its position in TFI International by 2.4% in the fourth quarter. Amundi now owns 181,202 shares of the company’s stock valued at $24,134,000 after buying an additional 4,266 shares during the last quarter. Finally, Entropy Technologies LP increased its position in shares of TFI International by 97.8% during the fourth quarter. Entropy Technologies LP now owns 9,295 shares of the company’s stock valued at $1,256,000 after acquiring an additional 4,595 shares during the last quarter. 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.