TFI International Inc (TFI) Given Average Recommendation of “Hold” by Brokerages

Shares of TFI International Inc (TSE:TFI) have received an average recommendation of “Hold” from the nine ratings firms that are currently covering the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$30.00.

A number of research firms recently issued reports on TFI. Desjardins lifted their target price on TFI International from C$28.00 to C$31.00 and gave the company a “buy” rating in a report on Monday, October 24th. TD Securities reiterated a “hold” rating and issued a C$27.00 target price on shares of TFI International in a report on Monday, October 24th. CIBC upgraded TFI International from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$28.50 to C$35.00 in a report on Monday, October 31st. Royal Bank Of Canada lifted their target price on TFI International from C$29.00 to C$36.00 and gave the company an “outperform” rating in a report on Monday, October 31st. Finally, RBC Capital Markets upgraded TFI International from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$29.00 to C$36.00 in a report on Monday, October 31st.

TFI International (TSE:TFI) opened at 35.00 on Friday. TFI International has a one year low of $18.94 and a one year high of $35.57. The stock has a 50 day moving average price of $34.12 and a 200-day moving average price of $28.21.

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TFI International Company Profile

TFI International Inc, formerly TransForce Inc is a Canada-based company engaged in transportation and logistics services. Its segments include Package and Courier, Less-Than-Truckload, Truckload, Logistics and Corporate. The Package and Courier segment comprises pickup, transport and delivery of items across North America.

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