The Globe and Mail reports in its Thursday, Sept. 18, edition that CIBC World Markets analyst Kevin Chiang has reiterated his "outperfomer" recommendation for TFI International. The Globe's David Leeder writes in the Eye On Equities column that Mr. Chiang cut his share target by a buck to $109 (all figures U.S.). Analysts on average target the shares at $115.78. Mr. Chiang says in a note: "We have tweaked our estimates heading into Q3/25 earnings, reflecting industry data points. While our earnings estimates move modestly lower, we see TFI International gaining positive momentum exiting 2025. We are seeing tangible evidence of an improving service model within TFF [TForce Freight] along with a more constructive fiscal and monetary policy backdrop. The company's valuation also remains undemanding. TFI International is one of our preferred names." The Globe reported on July 30, that National Bank Financial analyst Cameron Doerksen was keeping his "outperform" ranking for TFI International intact. It was then worth $87.76. The Globe reported on Aug. 6 that Citi analyst Ariel Rosa said TFI International was "too cheap to ignore." Mr. Rosa rated the shares "buy." The shares were then trading at $89.46.
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