It Seems TransForce Inc Will Go Up. Have Another Big Increase

 It Seems TransForce Inc Will Go Up. Have Another Big Increase

The stock of TransForce Inc (TSE:TFI) is a huge mover today! About 33,835 shares traded hands. TransForce Inc (TSE:TFI) has risen 48.47% since April 19, 2016 and is uptrending. It has outperformed by 43.14% the S&P500.
The move comes after 7 months positive chart setup for the $3.15B company. It was reported on Nov, 23 by Barchart.com. We have $35.12 PT which if reached, will make TSE:TFI worth $94.50M 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 -14.13% below today’s ($34.1) stock price. Transforce Inc. has been the topic of 24 analyst reports since July 24, 2015 according to StockzIntelligence Inc. TD Securities maintained the shares of TFI in a report on Monday, October 24 with “Hold” rating. The rating was maintained by National Bank Canada on Monday, October 26 with “Outperform”. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, October 24. Scotia Capital maintained the shares of TFI in a report on Friday, October 21 with “Underperform” rating. The stock of TransForce Inc (TSE:TFI) has “Underperform” rating given on Friday, July 22 by Scotia Capital. The rating was maintained by Scotia Capital on Friday, July 24 with “Sector Perform”. The company was upgraded on Friday, October 16 by RBC Capital Markets.

More important 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 article titled: “XPO Logistics Sells Truckload Shipping Business to TransForce for $558 Million”, Seekingalpha.com published: “TransForce, Inc. (TFIFF) CEO Alain Bédard on Q3 2016 Results – Earnings Call …” on October 21, 2016. More interesting news about TransForce Inc (TSE:TFI) was released by: Fool.ca and their article: “TransForce Inc. Stock Is Down 30% in 12 Months: That’s an Overreaction” with publication date: February 04, 2016.

TransForce Inc. is engaged in transportation and logistics services across Canada and the United States. The company has a market cap of $3.15 billion. The Company’s divisions include Package and Courier, Less-Than-Truckload, Truckload, Logistics and Corporate. It has a 25.75 P/E ratio. The Package and Courier segment comprises pickup, transport and delivery of items across North America.

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