TFI International Inc was Upgraded to a Buy Rating at TD Securities


TFI International Inc (TSX: TFII), the NA sector company, has received a rating update from a Wall Street analyst today. Analyst Damir Gunja from TD Securities rated TFI International Inc (TSX: TFII) a Buy, setting a C$53 price target.

According to TipRanks.com, Gunja is ranked #2267 out of 4842 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TFI International Inc with a C$46.17 average price target, representing a 7.0% upside. In a report released today, RBC Capital also reiterated a Buy rating on the stock with a C$46 price target.

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Based on TFI International Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of C$48.16 million. In comparison, last year the company had a GAAP net loss of C$75.04 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 Friday at C$43.14.

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