TransForce Inc Stock Is Crashing Now

 TransForce Inc Stock Is Crashing Now

The stock of TransForce Inc (TSE:TFI) is a huge mover today! About 32,939 shares traded hands. TransForce Inc (TSE:TFI) has risen 50.31% since April 20, 2016 and is uptrending. It has outperformed by 44.90% the S&P500.
The move comes after 6 months negative chart setup for the $3.04 billion company. It was reported on Nov, 24 by Barchart.com. We have $32.27 PT which if reached, will make TSE:TFI worth $121.60M less.

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. Transforce Inc. has been the topic of 24 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Scotia Capital maintained the shares of TFI in a report on Friday, July 24 with “Sector Perform” rating. National Bank Canada maintained TransForce Inc (TSE:TFI) on Monday, October 26 with “Outperform” rating. The firm has “Best Ideas List” rating by RBC Capital Markets given on Friday, October 16. Scotia Capital maintained the stock with “Underperform” rating in Friday, July 22 report. The company was maintained on Monday, October 24 by TD Securities. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, October 24. The rating was maintained by Scotia Capital on Friday, October 21 with “Underperform”.

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 $3.04 billion. The Company’s divisions include Package and Courier, Less-Than-Truckload, Truckload, Logistics and Corporate. It has a 25.38 P/E ratio. The Package and Courier segment comprises pickup, transport and delivery of items across North America.

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