16:32:11 EDT Sat 04 May 2024
Enter Symbol
or Name
USA
CA



TFI International Inc
Symbol TFII
Shares Issued 85,878,945
Close 2023-09-27 C$ 171.80
Market Cap C$ 14,754,002,751
Recent Sedar Documents

Globe says TFI International seen performing well

2023-09-27 08:38 ET - In the News

The Globe and Mail reports in its Wednesday, Sept. 27, edition that RBC Capital Markets analysts Walter Spracklin continues to give TFI International an "outperform" ranking. The Globe's David Leeder writes that Mr. Spracklin tweaked his share target back by $2 (U.S.) to $153 (U.S.). Analysts on average target the shares at $150.15 (U.S.). Mr. Spracklin and RBC colleague James McGarragle say in a note: "Transportation and diversified industrial share prices largely underperformed in the quarter, with [Andlauer Healthcare Group, Cargojet, Mullen Group, Stella-Jones and Westshore Terminals] all underperforming the index, and [TFI International] ending higher. We believe TFI performed best, up 18 per cent, on the back of positive trends in LTL sector fundamentals due to the unique opportunity to capture volumes on the back of the Yellow shutdown, despite management having lowered guidance on the Q2 call amid a challenging macro backdrop." The Globe reported on April 28 that Mr. Spracklin had reaffirmed his "outperform" recommendation for TFI when it was going for $99 (U.S.). Globe columnist Gordon Pape said on Sept. 19 that if you are looking for growth, buy TFI, which was then going for $131.28 (U.S.).

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