National Bank analyst Cameron Doerksen maintained a Buy rating on TFI International (TFII – Research Report) today and set a price target of C$153.00. The company’s shares closed last Friday at $95.86.
According to TipRanks.com, Doerksen is a 4-star analyst with an average return of 14.3% and a 58.5% success rate. Doerksen covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Canadian Pacific, and Air Canada.
TFI International has an analyst consensus of Moderate Buy, with a price target consensus of $124.65, representing a 27.4% upside. In a report issued on January 12, J.P. Morgan also maintained a Buy rating on the stock with a $130.00 price target.
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Based on TFI International’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.09 billion and net profit of $133 million. In comparison, last year the company earned revenue of $936 million and had a net profit of $83.1 million.
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TFII in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
TFI International, Inc. provides freight transportation and logistics services. It operates through the following segments: Package & Courier, Less-Than-Truckload, Truckload, and Logistics. The Package & Courier segment engages in pickup, transport, tracking and delivery of items across North America. The Less-Than-Truckload segment offers pickup, consolidation, transport and delivery of smaller loads. The Truckload segment includes expedited transportation, flatbed, container and dedicated services. The Logistics segment provides asset-light logistics services. The company was founded in 1957 and is headquartered in Saint-Laurent, Canada.
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