Could TransForce Inc Rise Even More? The Stock Had Another Big Increase Today

 Could TransForce Inc Rise Even More? The Stock Had Another Big Increase Today

The stock of TransForce Inc (TSE:TFI) is a huge mover today! About 60,157 shares traded hands. TransForce Inc (TSE:TFI) has risen 38.52% since April 1, 2016 and is uptrending. It has outperformed by 36.57% the S&P500.
The move comes after 6 months positive chart setup for the $2.87B company. It was reported on Nov, 8 by Barchart.com. We have $51.41 PT which if reached, will make TSE:TFI worth $1.87 billion more.

TransForce Inc (TSE:TFI) Ratings Coverage

Out of 8 analysts covering Transforce Inc. (TSE:TFI), 5 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 63% are positive. $36 is the highest target while $20.50 is the lowest. The $29.28 average target is -6.03% below today’s ($31.16) stock price. Transforce Inc. has been the topic of 24 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Scotia Capital maintained TransForce Inc (TSE:TFI) on Friday, July 24 with “Sector Perform” rating. The firm earned “Hold” rating on Monday, October 24 by TD Securities. On Monday, October 24 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Scotia Capital maintained TransForce Inc (TSE:TFI) rating on Friday, October 21. Scotia Capital has “Underperform” rating and $22 price target. The rating was maintained by Scotia Capital with “Underperform” on Friday, July 22. The stock of TransForce Inc (TSE:TFI) has “Best Ideas List” rating given on Friday, October 16 by RBC Capital Markets. The stock has “Outperform” rating given by National Bank Canada on Monday, October 26.

More recent TransForce Inc (TSE:TFI) news were published by: Business.Financialpost.com which released: “TransForce Inc upgraded on XPO Logistics deal” on October 31, 2016. Also Wsj.com published the news titled: “XPO Logistics Sells Truckload Shipping Business to TransForce for $558 Million” on October 27, 2016. Seekingalpha.com‘s news article titled: “TransForce, Inc. (TFIFF) CEO Alain Bédard on Q3 2016 Results – Earnings Call …” with publication date: October 21, 2016 was also an interesting one.

TransForce Inc. is engaged in transportation and logistics services across Canada and the United States. The company has a market cap of $2.87 billion. The Company’s divisions include Package and Courier, Less-Than-Truckload, Truckload, Logistics and Corporate. It has a 23.53 P/E ratio. The Package and Courier segment comprises pickup, transport and delivery of items across North America.

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