UBS Keeps Their Hold Rating on TFI International (TFII)

In a report released today, Thomas Wadewitz from UBS maintained a Hold rating on TFI International, with a price target of $102.00. The company’s shares closed yesterday at $89.58.

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According to TipRanks, Wadewitz is a 4-star analyst with an average return of 5.4% and a 51.59% success rate. Wadewitz covers the Industrials sector, focusing on stocks such as United Airlines Holdings, United Parcel, and ArcBest.

Currently, the analyst consensus on TFI International is a Moderate Buy with an average price target of $107.01.

Based on TFI International’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.06 billion and a net profit of $99.36 million. In comparison, last year the company earned a revenue of $2.27 billion and had a net profit of $115.74 million

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TFII in relation to earlier this year.