TransForce Inc (TSE:TFI) – Equities research analysts at National Bank Financial dropped their FY2017 earnings per share (EPS) estimates for shares of TransForce in a research report issued on Wednesday. National Bank Financial analyst C. Doerksen now expects that the firm will earn $2.73 per share for the year, down from their prior estimate of $2.84.
A number of other equities research analysts also recently weighed in on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a C$29.00 target price on shares of TransForce in a research note on Monday, October 24th. RBC Capital Markets raised shares of TransForce from a “sector perform” rating to an “outperform” rating and raised their target price for the company from C$29.00 to C$36.00 in a research note on Monday, October 31st. TD Securities lifted their price target on shares of TransForce from C$27.00 to C$30.00 and gave the stock a “hold” rating in a research note on Monday, October 31st. Desjardins lifted their price target on shares of TransForce from C$28.00 to C$31.00 and gave the stock a “buy” rating in a research note on Monday, October 24th. Finally, Scotiabank lifted their price target on shares of TransForce from C$25.00 to C$29.00 and gave the stock an “underperform” rating in a research note on Monday, October 31st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of C$30.11.
TransForce (TSE:TFI) opened at 35.00 on Monday. The stock has a 50 day moving average of $34.12 and a 200-day moving average of $28.21. TransForce has a 12 month low of $18.94 and a 12 month high of $35.57. The company has a market cap of $3.20 billion and a P/E ratio of 5.32.
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.