Scotiabank Trims TFI International Inc (TFII) Target Price to C$30.00

TFI International Inc (TSE:TFII) had its price objective reduced by equities research analysts at Scotiabank from C$31.00 to C$30.00 in a report released on Monday. The firm presently has a “sector perform” rating on the stock. Scotiabank’s target price would suggest a potential downside of 1.93% from the company’s current price.

Other equities analysts have also issued reports about the stock. Desjardins increased their price objective on shares of TFI International from C$32.00 to C$35.00 in a report on Monday. Royal Bank Of Canada increased their price objective on shares of TFI International from C$37.00 to C$38.00 and gave the company an “outperform” rating in a report on Monday. Finally, TD Securities increased their price objective on shares of TFI International from C$32.00 to C$34.00 and gave the company a “hold” rating in a report on Monday, July 31st.

TFI International (TSE:TFII) traded down 3.07% on Monday, reaching $30.61. 195,385 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $31.56 and its 200 day moving average price is $29.41. The firm has a market capitalization of $2.76 billion and a PE ratio of 79.51. TFI International has a 52-week low of $26.44 and a 52-week high of $35.83.

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In other TFI International news, Director Alain Bédard sold 48,800 shares of the company’s stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of C$31.08, for a total value of C$1,516,704.00.

TFI International Company Profile

TFI International Inc, through its subsidiaries, provides transportation and logistics services in the United States, Canada, and Mexico. The company’s Package and Courier segment engages in the pickup, transport, and delivery of items. Its Less-Than-Truckload segment is involved in the pickup, consolidation, transport, and delivery of smaller loads.

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