Morgan Stanley (NYSE:MS) analyst Ravi Shanker maintained a Buy rating on TFI International (NYSE:TFII) on Monday, setting a price target of $60, which is approximately 34.65% above the present share price of $44.56.
Shanker expects TFI International to post earnings per share (EPS) of $1.22 for the fourth quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Strong Buy rating of shares in TFI International, with an average price target of $56.24.
The analysts price targets range from a high of $63 to a low of $49.47.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.25 billion and a net profit of $151.7 million. The company's market cap is $4.16 billion.
According to TipRanks.com, Morgan Stanley analyst Ravi Shanker is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of -0.2% and a 54.19% 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.