Desjardins Reiterates a Buy Rating on TFI International Inc (TFII)


TFI International Inc (TFII), the Conglomerates sector company was revisited yesterday, and remains undervalued for at least one analyst on the street. Analyst Benoit Poirier from Desjardins remains bullish on the stock and has a C$55 price target.

Poirier has an average return of 6.6% when recommending TFI International Inc.

According to TipRanks.com, Poirier is ranked #370 out of 5220 analysts.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TFI International Inc with a C$47.57 average price target, implying a 17.3% upside from current levels. In a report released yesterday, Cowen & Co. also reiterated a Buy rating on the stock with a C$55 price target.

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The company has a one-year high of C$49 and a one-year low of C$31.87. Currently, TFI International Inc has an average volume of 298.8K.

TFI International, Inc. provides freight transportation and logistics services. It operates through the following segments: Package & Courier, Less-Than-Truckload, Truckload, and Logistics Services. The Package & Courier segment engages in pickup, transport, tracking and delivery of items across North America.

The company’s shares closed on Thursday at C$40.55.

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