J.P. Morgan Reaffirms Their Buy Rating on TFI International (TFII)

J.P. Morgan analyst Brian Ossenbeck maintained a Buy rating on TFI International today and set a price target of $131.00.

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According to TipRanks, Ossenbeck is a 4-star analyst with an average return of 7.5% and a 51.66% success rate. Ossenbeck covers the Industrials sector, focusing on stocks such as FedEx, United Parcel, and Old Dominion Freight.

In addition to J.P. Morgan, TFI International also received a Buy from Citi’s Ariel Rosa in a report issued today. However, on March 26, TipRanks – Anthropic reiterated a Hold rating on TFI International (NYSE: TFII).

Based on TFI International’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$2.67 billion and a net profit of C$99.91 million. In comparison, last year the company earned a revenue of C$2.02 billion and had a net profit of C$81.51 million

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TFII in relation to earlier this year.