RBC Capital analyst Walter Spracklin maintained a Buy rating on TFI International on July 9 and set a price target of $158.00. The company’s shares closed yesterday at C$211.95.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Spracklin covers the Industrials sector, focusing on stocks such as CSX, TFI International, and Mullen Group. According to TipRanks, Spracklin has an average return of 20.3% and a 70.72% 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 yesterday. However, on July 7, UBS assigned a Hold rating to TFI International (NYSE: TFII).
Based on TFI International’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$1.92 billion and a net profit of C$42.6 million. In comparison, last year the company earned a revenue of C$1.97 billion and had a net profit of C$56.19 million
