TFI International Inc., Caterpillar, Lennox International Inc., among others, are the industrials stocks approaching important price targets.

A quick recap: Markets are currently flat. Nasdaq is relatively flat, trades at 13,120. S&P 500 trades at 4,265 with no major change.

What is a Price Target?

A "price target" is an estimate of the future price of a stock based on earnings forecasts and assumed valuation multiples. Price targets are typically generated by respected market analysts who believe a stock to be fairly valued relative to its projected and historical earnings. Target prices are used to evaluate stocks and can help investors evaluate the potential risk/reward profile of a stock. Check out this rundown of industrials stocks and their price targets.

TFI International now at $108.26 | Forthcoming price target: 33 cents lower at $107.93

TFI International Inc. is down to $108.26, after ending yesterday at $108.79. Overall, a 0.49% loss or 53 cents today. Today's losses are adding to a 4 day bearish run, during which TFI International lost $1.66 of its value.

The Canadian transport company is now trading 13.29% below its 3-month high of $127.85. TFI International is currently trading with a market cap of $9.39 billion with an average daily volume of 204,946 shares. So far this year, it has been under-performing the Nasdaq by 12.09%. TFI International last reported revenue of $1.85 billion with an EPS of $1.27.

A persuasive break of this target could lead to higher losses.

Caterpillar is trading at $233.86, its target level is $229.1

Caterpillar is eyeing the $229.1 support line.

Caterpillar is on a 3 day uptrend — now turning against its recent performance, Caterpillar is down to $233.86, after ending yesterday at $235.55. Overall, a 0.72% loss or $1.69 today.

Lennox International is trading at $305.11, its target level is $301.1

Lennox International is eyeing the $301.1 support line.

During a 6 day uptrend, Lennox International gained a total of $32.31, or 10.74%. bucking the trend and turning lower, Lennox International is down to $305.11, after ending yesterday at $307.82. Overall, a 0.88% loss or $2.71 today.