{"id":51855,"date":"2024-07-17T23:40:48","date_gmt":"2024-07-17T23:40:48","guid":{"rendered":"https:\/?p=51855"},"modified":"2024-07-17T23:40:48","modified_gmt":"2024-07-17T23:40:48","slug":"tfi-international-stock-analysis-forecast-after-downgrade","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/","title":{"rendered":"TFI International: Stock Analysis & Forecast after Downgrade"},"content":{"rendered":"
\n
\n
\n
\n

\u00a0TFI International (TFII:CA)<\/h1>\n

On July 17, 2024, Desjardins Securities (Analyst Rank #101)<\/a> downgraded TFI International to a “Hold” rating from a “Buy”, setting a target price of CAD 219, up from CAD 207 per share.<\/p>\n

Analyst Forecast and Ratings<\/h2>\n

TFI International Inc<\/a>. has been a popular stock among analysts, with a consensus target price of CAD 198.25 over the next 12 months from 11 analysts. Despite Desjardins’ recent downgrade, the average analyst rating remains a “Strong Buy.” This suggests that most analysts are optimistic about the company\u2019s prospects, expecting robust performance and growth.<\/p>\n

Stock Target Advisor\u2019s Analysis<\/h3>\n

Stock Target Advisor has a slightly bullish view on TFI International Inc., based on a mix of 9 positive signals and 6 negative signals. This nuanced outlook indicates that while there are several encouraging indicators for the stock, there are also some factors that warrant caution.<\/p>\n

Recent Stock Performance<\/h3>\n

As of the last closing, TFI International Inc.’s stock price was CAD 216.68. The stock has demonstrated impressive performance, with a notable increase of +9.64% over the past week, +14.71% over the past month, and a remarkable +49.76% over the past year. These gains highlight the company\u2019s strong market presence and investor confidence.<\/p>\n

Analysis of Desjardins’ Downgrade<\/h2>\n

Desjardins’ downgrade to a “Hold” rating and a target price of CAD 219 reflects a more conservative outlook compared to other analysts. The downgrade suggests that Desjardins believes the stock\u2019s current valuation may be approaching its peak, with limited upside potential in the near term.<\/p>\n

Outlook<\/h2>\n

While Desjardins Securities has taken a cautious approach by downgrading TFI International Inc. to a “Hold” with a target price of CAD 219, the overall sentiment among analysts remains positive. The consensus target price of CAD 198.25 and the “Strong Buy” rating indicate widespread optimism about the company\u2019s future performance. Investors should weigh these diverse perspectives and consider the stock\u2019s recent robust performance, along with the potential risks and rewards, when making investment decisions.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\n
\n
<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\u00a0TFI International (TFII:CA) On July 17, 2024, Desjardins Securities (Analyst Rank #101) downgraded TFI International to a “Hold” rating from a “Buy”, setting a target…<\/p>\n","protected":false},"author":3,"featured_media":12871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-51855","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"acf":[],"yoast_head":"\nTFI International: Stock Analysis & Forecast after Downgrade | Stock Target Advisor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TFI International: Stock Analysis & Forecast after Downgrade\" \/>\n<meta property=\"og:description\" content=\"\u00a0TFI International (TFII:CA) On July 17, 2024, Desjardins Securities (Analyst Rank #101) downgraded TFI International to a “Hold” rating from a “Buy”, setting a target...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/\" \/>\n<meta property=\"og:site_name\" content=\"Stock Target Advisor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-17T23:40:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2022\/05\/TFI-International-Marks-Solid-Q3-Results-1-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"975\" \/>\n\t<meta property=\"og:image:height\" content=\"549\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"STA Research\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:site\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"STA Research\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/\"},\"author\":{\"name\":\"STA Research\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae\"},\"headline\":\"TFI International: Stock Analysis & Forecast after Downgrade\",\"datePublished\":\"2024-07-17T23:40:48+00:00\",\"dateModified\":\"2024-07-17T23:40:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/\"},\"wordCount\":321,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"articleSection\":[\"Market News & Insights\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/\",\"name\":\"TFI International: Stock Analysis & Forecast after Downgrade | Stock Target Advisor\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#website\"},\"datePublished\":\"2024-07-17T23:40:48+00:00\",\"dateModified\":\"2024-07-17T23:40:48+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TFI International: Stock Analysis & Forecast after Downgrade\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#website\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\",\"name\":\"Stock Target Advisor\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.stocktargetadvisor.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\",\"name\":\"Stock Target Advisor\",\"alternateName\":\"STA\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg\",\"contentUrl\":\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg\",\"width\":\"225\",\"height\":\"225\",\"caption\":\"Stock Target Advisor\"},\"image\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\",\"https:\/\/twitter.com\/AdvisorTarget\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae\",\"name\":\"STA Research\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g\",\"caption\":\"STA Research\"},\"description\":\"STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/author\/sta-research\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"TFI International: Stock Analysis & Forecast after Downgrade | Stock Target Advisor","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/","og_locale":"en_US","og_type":"article","og_title":"TFI International: Stock Analysis & Forecast after Downgrade","og_description":"\u00a0TFI International (TFII:CA) On July 17, 2024, Desjardins Securities (Analyst Rank #101) downgraded TFI International to a “Hold” rating from a “Buy”, setting a target...","og_url":"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/","og_site_name":"Stock Target Advisor","article_publisher":"https:\/\/www.facebook.com\/StockTargetAdvisor\/","article_published_time":"2024-07-17T23:40:48+00:00","og_image":[{"width":975,"height":549,"url":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2022\/05\/TFI-International-Marks-Solid-Q3-Results-1-1.jpg","type":"image\/jpeg"}],"author":"STA Research","twitter_card":"summary_large_image","twitter_creator":"@AdvisorTarget","twitter_site":"@AdvisorTarget","twitter_misc":{"Written by":"STA Research","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/#article","isPartOf":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/"},"author":{"name":"STA Research","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae"},"headline":"TFI International: Stock Analysis & Forecast after Downgrade","datePublished":"2024-07-17T23:40:48+00:00","dateModified":"2024-07-17T23:40:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/"},"wordCount":321,"commentCount":0,"publisher":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization"},"articleSection":["Market News & Insights"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/","url":"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/","name":"TFI International: Stock Analysis & Forecast after Downgrade | Stock Target Advisor","isPartOf":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#website"},"datePublished":"2024-07-17T23:40:48+00:00","dateModified":"2024-07-17T23:40:48+00:00","breadcrumb":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/tfi-international-stock-analysis-forecast-after-downgrade\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.stocktargetadvisor.com\/blog\/"},{"@type":"ListItem","position":2,"name":"TFI International: Stock Analysis & Forecast after Downgrade"}]},{"@type":"WebSite","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#website","url":"https:\/\/www.stocktargetadvisor.com\/blog\/","name":"Stock Target Advisor","description":"","publisher":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.stocktargetadvisor.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization","name":"Stock Target Advisor","alternateName":"STA","url":"https:\/\/www.stocktargetadvisor.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/","url":"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg","contentUrl":"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg","width":"225","height":"225","caption":"Stock Target Advisor"},"image":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/StockTargetAdvisor\/","https:\/\/twitter.com\/AdvisorTarget"]},{"@type":"Person","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae","name":"STA Research","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g","caption":"STA Research"},"description":"STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.","url":"https:\/\/www.stocktargetadvisor.com\/blog\/author\/sta-research\/"}]}},"_links":{"self":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/51855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/comments?post=51855"}],"version-history":[{"count":3,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/51855\/revisions"}],"predecessor-version":[{"id":51859,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/51855\/revisions\/51859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/media\/12871"}],"wp:attachment":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/media?parent=51855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/categories?post=51855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/tags?post=51855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}