TFI International Inc. (NYSE:TFII) Given Average Recommendation of “Moderate Buy” by Brokerages

TFI International Inc. (NYSE:TFII) has been assigned an average rating of “Moderate Buy” from the thirteen brokerages that are presently covering the company, Marketbeat reports. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $170.85.

Several research firms have recently commented on TFII. TD Securities reduced their target price on shares of TFI International from $180.00 to $171.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. Royal Bank of Canada reduced their target price on shares of TFI International from $167.00 to $160.00 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd. CIBC raised their target price on shares of TFI International from $166.00 to $176.00 and gave the stock an “outperformer” rating in a research note on Wednesday, December 4th. National Bankshares reduced their target price on shares of TFI International from $209.00 to $198.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 23rd. Finally, Desjardins upgraded shares of TFI International from a “hold” rating to a “buy” rating in a research note on Monday, December 9th.

Hedge Funds Weigh In On TFI International

Several hedge funds have recently added to or reduced their stakes in the business. Baillie Gifford & Co. purchased a new position in TFI International during the 4th quarter valued at about $148,623,000. Dixon Mitchell Investment Counsel Inc. increased its holdings in TFI International by 0.4% during the 3rd quarter. Dixon Mitchell Investment Counsel Inc. now owns 539,815 shares of the company’s stock valued at $74,242,000 after acquiring an additional 1,980 shares in the last quarter. Geode Capital Management LLC increased its holdings in TFI International by 31.5% during the 4th quarter. Geode Capital Management LLC now owns 469,263 shares of the company’s stock valued at $64,345,000 after acquiring an additional 112,455 shares in the last quarter. CDAM UK Ltd increased its holdings in TFI International by 2.5% during the 4th quarter. CDAM UK Ltd now owns 381,102 shares of the company’s stock valued at $51,483,000 after acquiring an additional 9,200 shares in the last quarter. Finally, QV Investors Inc. purchased a new position in TFI International during the 3rd quarter valued at about $29,891,000. 73.30% of the stock is currently owned by hedge funds and other institutional investors.

TFI International Stock Down 0.3 %

TFII stock opened at $129.46 on Friday. TFI International has a one year low of $124.36 and a one year high of $162.13. The stock has a market capitalization of $10.90 billion, a PE ratio of 23.54, a price-to-earnings-growth ratio of 1.48 and a beta of 1.57. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.96 and a current ratio of 0.98. The company has a fifty day moving average of $137.72 and a 200-day moving average of $141.62.

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.