Transforce Inc (TSE:TFI) Had Its Target Price Raised by Analysts at RBC Capital Markets to $29.00

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RBC Analyst Rating Change Transforce Inc. TSE:TFI

Transforce Inc (TSE:TFI) Upside Target Change

In a note revealed to clients and investors by RBC Capital Markets on Friday morning, Transforce Inc (TSE:TFI) had its PT raised to $29.00. The firm presently has “Sector Perform” rating on the stock.

Despite the target raise, TSE:TFI is currently trading -0.29% lower at $27.27 as of 07:41 New York time. Transforce Inc. shares have gained 15.35% in the past 200 days, while the S&P500 Index has risen 6.91% during the same time.

According to data compiled by Thomson Reuters, Transforce Inc (TSE:TFI)’s stock is covered by 11 equity analysts across the Street, with 1 analysts giving it a Sell rating, 5 a Buy rating, while 5 consider it a Hold. The 12-month consensus target price for the stock is $19.8, which reflects an downside potential of 27.39% over the current price.

TSE:TFI Price Chart & Trend

The stock price of Transforce Inc. went up 15.35% over the last 200 days, and is in very strong up trend. In the last 50 and 100 days, Transforce Inc. is up 8.8% and up 15.3%, respectively. Our stocks momentum model is shown on the price chart below.Transforce Inc (TSE:TFI) Had Its Target Price Raised by Analysts at RBC Capital Markets to $29.00

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

TFI Stock Chart

Transforce Inc (TSE:TFI) 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.

Transforce Inc (TSE:TFI) traded down -0.29% on 7 October, hitting $27.27. A total of 57,789 shares of the company’s stock traded hands. This is down from average of 157,748 shares. Transforce Inc. has a 52 week low of $18.94 and a 52 week high of $27.66. The company has a market cap of $2.52B and a P/E ratio of 22.63.

Get the latest Transforce Inc (TSE:TFI) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

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