TFI International Inc. (TFII) Price Target Cut to C$30.00 by Analysts at Scotiabank

TFI International Inc. (TSE:TFII) had its price target decreased by research analysts at Scotiabank from C$31.00 to C$30.00 in a research note issued to investors on Monday, October 30th. The brokerage presently has a “sector perform” rating on the stock. Scotiabank’s target price suggests a potential downside of 2.47% from the company’s previous close.

A number of other brokerages have also issued reports on TFII. Desjardins boosted their price target on TFI International from C$32.00 to C$35.00 in a research report on Monday, October 30th. TD Securities boosted their price target on TFI International from C$32.00 to C$34.00 and gave the stock a “hold” rating in a research report on Monday, July 31st. Finally, Royal Bank Of Canada upped their price objective on TFI International from C$37.00 to C$38.00 and gave the company an “outperform” rating in a report on Monday, October 30th.

Shares of TFI International (TSE:TFII) opened at C$30.76 on Monday. TFI International has a twelve month low of C$26.44 and a twelve month high of C$35.83.

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In other TFI International news, Director Alain Bédard purchased 2,000 shares of the company’s stock in a transaction that occurred on Monday, September 25th. The shares were purchased at an average cost of C$31.19 per share, with a total value of C$62,380.00.

About TFI International

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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