CIBC analyst Kevin Chiang maintained a Hold rating on TFI International (NYSE:TFII) on Wednesday, setting a price target of C$55, which is approximately 41.72% above the present share price of $38.81.
Chiang expects TFI International to post earnings per share (EPS) of $0.89 for the third quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in TFI International, with an average price target of $38.99.
The analysts price targets range from a high of $44 to a low of $33.83.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.24 billion and a net profit of $98.05 million. The company's market cap is $3.41 billion.
According to TipRanks.com, CIBC analyst Kevin Chiang is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 3.9% and a 55.51% success rate.
TFI International, Inc. provides freight transportation and logistics services. It operates through the following segments: Package & Courier, Less-Than-Truckload, Truckload, and Logistics. The Package & Courier segment engages in pickup, transport, tracking and delivery of items across North America. The Less-Than-Truckload segment offers pickup, consolidation, transport and delivery of smaller loads. The Truckload segment includes expedited transportation, flatbed, container and dedicated services. The Logistics segment provides asset-light logistics services. The company was founded in 1957 and is headquartered in Saint-Laurent, Canada.