In a new note to investors yesterday, an analyst has provided a rating update for TFI International Inc (TFII). Analyst Brad Delco from Stephens rated TFI International Inc (TFII) a Buy, setting a C$53 price target.
According to TipRanks.com, Delco is a 3-star analyst with an average return of 5.0% and a 56.7% success rate. Delco covers the Services sector, focusing on stocks such as Covenant Transportation Group, Schneider National Inc, and Knight Transportation.
Read also: Tesla (TSLA) Stock Suffers Another Setback, But the Future Remains Bright
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TFI International Inc with a C$49.29 average price target, a 20.0% upside from current levels. In a report issued on February 28, Cowen & Co. also reiterated a Buy rating on the stock with a C$55 price target.
.
Based on TFI International Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$86.71 million. In comparison, last year the company had a net profit of C$120 million.
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 Monday at C$41.06.
