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StocksMedium•14 April 2026•

1 min read

Scotiabank and Major Banks Raise TFI International Price Targets Following Strong Earnings

Jeff Bezos in a suit over a map of the US with logistics routes, Amazon delivery vans, boxes, a drone, and a warehouse.

Key Facts

1Scotiabank raised its price target for TFI International to C$170.00 while maintaining a 'sector perform' rating.

Scotiabank analysts have adjusted their price target for TFI International to C$170.00 while maintaining a 'Sector Perform' rating. This update follows the company's robust quarterly financial results, reporting an EPS of C$1.50 and revenue totaling C$2.51 billion. The optimism was shared by analysts at Desjardins and National Bank, who also raised their price targets and issued 'Buy' or 'Outperform' ratings. These positive revisions reflect institutional confidence in the company's operational trajectory and its ability to deliver sustainable growth within the logistics sector. The recent performance has led to a comprehensive revision of fiscal year forecasts, enhancing the stock's appeal in both Canadian and U.S. markets. Overall analyst consensus points toward a bullish outlook, despite varying price target levels among major financial institutions.