National Bank Financial Boosts TransForce Inc (TFI) Price Target to C$29.00

TransForce Inc (TSE:TFI) had its price objective hoisted by National Bank Financial from C$27.50 to C$29.00 in a research report released on Thursday.

A number of other research analysts also recently issued reports on TFI. CIBC boosted their price objective on shares of TransForce from C$24.50 to C$26.00 in a research report on Monday, June 20th. TD Securities upped their target price on shares of TransForce from C$24.00 to C$25.00 and gave the stock a hold rating in a research report on Monday, July 25th. Finally, Scotiabank reaffirmed an underperform rating and issued a C$20.50 target price on shares of TransForce in a research report on Friday, July 22nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. TransForce presently has a consensus rating of Hold and a consensus price target of C$26.50.

Shares of TransForce (TSE:TFI) opened at 27.46 on Thursday. The stock has a market cap of $2.55 billion and a P/E ratio of 4.32. The company’s 50-day moving average is $26.85 and its 200-day moving average is $24.80. TransForce has a 12-month low of $18.94 and a 12-month high of $27.72.

TransForce Company Profile

TransForce Inc is engaged in transportation and logistics services across Canada and the United States. The Company’s segments include Package and Courier, Less-Than-Truckload, Truckload, Logistics and Corporate. The Package and Courier segment comprises pickup, transport and delivery of items across North America.

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