TFI International (NYSE:TFII – Get Free Report) had its target price cut by stock analysts at Stifel Nicolaus from $142.00 to $139.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Stifel Nicolaus’ price target points to a potential upside of 2.53% from the company’s previous close.
A number of other research firms have also commented on TFII. Susquehanna lowered their price target on TFI International from $180.00 to $170.00 and set a “positive” rating for the company in a research report on Wednesday, October 23rd. CIBC upped their target price on TFI International from $166.00 to $176.00 and gave the company an “outperformer” rating in a report on Wednesday, December 4th. National Bankshares cut their price target on shares of TFI International from $209.00 to $198.00 and set a “sector perform” rating on the stock in a report on Wednesday, October 23rd. Citigroup upped their price objective on shares of TFI International from $158.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Finally, TD Securities cut their target price on shares of TFI International from $180.00 to $171.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $169.00.
Get Our Latest Analysis on TFI International
TFI International Trading Up 0.1 %
TFI International (NYSE:TFII – Get Free Report) last announced its quarterly earnings results on Monday, October 21st. The company reported $1.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.19). The firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.28 billion. TFI International had a return on equity of 20.25% and a net margin of 5.67%. During the same period last year, the business earned $1.57 EPS. As a group, sell-side analysts predict that TFI International will post 6.26 EPS for the current year.
Hedge Funds Weigh In On TFI International
Several large investors have recently modified their holdings of TFII. Plato Investment Management Ltd purchased a new stake in TFI International during the 3rd quarter valued at about $134,000. Entropy Technologies LP purchased a new stake in shares of TFI International during the third quarter valued at approximately $643,000. Canoe Financial LP bought a new stake in shares of TFI International during the fourth quarter valued at approximately $1,853,000. Public Employees Retirement System of Ohio purchased a new position in TFI International in the 3rd quarter worth approximately $2,373,000. Finally, Quantbot Technologies LP lifted its position in TFI International by 295.1% in the 3rd quarter. Quantbot Technologies LP now owns 21,484 shares of the company’s stock valued at $2,941,000 after acquiring an additional 16,047 shares in the last quarter. Hedge funds and other institutional investors own 73.30% 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.
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