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Transforce Inc. (TSE:TFI) stock price target increased to $29.00, issued a report today by RBC Capital Markets

In a report released on 10/07/2016 RBC Capital Markets increased the stock price target of Transforce Inc. (TSE:TFI) from $23.00 to $29.00 indicating a possible upside of 0.06%.

Previously on 7/26/2016, Scotia Capital reported on Transforce Inc. (TSE:TFI) increased the target price from $20.50 to $22.00. At the time, this indicated a possible downside of -0.15%.

Yesterday Transforce Inc. (TSE:TFI) traded -0.29% lower at $27.27. The company’s 50-day moving average is $26.78 and its 200-day moving average is $24.68. The last closing price is up 10.50% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 57,789 shares of the stock traded hands, down from an average trading volume of 150,203

See Chart Below

Transforce Inc. (TSE:TFI)

Transforce Inc. has a 52 week low of $18.94 and a 52 week high of $27.66 with a P/E ratio of 4.29 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its stock price target, a total of 11 brokers have issued a report on the company. The average stock price target is $19.80 with 0 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 5 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Transforce Inc. (TSE:TFI)

TransForce Inc. is engaged in transportation and logistics services across Canada and the United States. The Company's segments include Package and Courier, Less-Than-Truckload, Truckload, Logistics and Corporate. The Package and Courier segment comprises pickup, transport and delivery of items across North America. The Less-Than-Truckload segment offers pickup, consolidation, transport and delivery of smaller loads. The Truckload segment consists of full loads carried directly from the customer to the destination using a closed van or specialized equipment to meet customer's specific need. The Truckload segment also includes expedited transportation, flatbed, container and dedicated services. The Logistics segment offers logistics services. The Company has approximately 410 terminals. It also has approximately 100 terminals in the United States. It offers services to retail, energy, automotive, waste management, food and beverage, forest products, and metals and mining industries.

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