TFI International (TFII) Receives a Buy from RBC Capital

In a report released today, Walter Spracklin from RBC Capital maintained a Buy rating on TFI International, with a price target of $106.00. The company’s shares opened today at $90.80.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Spracklin covers the Industrials sector, focusing on stocks such as Union Pacific, Canadian National Railway, and CSX. According to TipRanks, Spracklin has an average return of 16.2% and a 65.60% success rate on recommended stocks.

In addition to RBC Capital, TFI International also received a Buy from J.P. Morgan’s Brian Ossenbeck in a report issued today. However, on October 3, UBS maintained a Hold rating on TFI International (NYSE: TFII).

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.