Finning International Inc. (TSE:FTT) has been given an average recommendation of “Hold” by the eleven research firms that are presently covering the firm. Three equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$20.55.
Several equities analysts have issued reports on FTT shares. National Bank Financial upgraded Finning International from an “underperform” rating to a “sector perform” rating and lifted their price objective for the company from C$20.00 to C$23.00 in a research report on Friday, September 16th. Raymond James Financial Inc. boosted their target price on Finning International from C$22.50 to C$24.00 and gave the stock a “market perform” rating in a research report on Monday. Scotiabank restated an “outperform” rating and set a C$23.50 target price on shares of Finning International in a research report on Friday, June 3rd. Royal Bank Of Canada restated a “sector perform” rating and set a C$20.00 target price on shares of Finning International in a research report on Thursday, June 2nd. Finally, TD Securities restated a “hold” rating and set a C$20.00 target price on shares of Finning International in a research report on Thursday, August 4th.
In other Finning International news, insider Jean Gail Sexsmith sold 2,850 shares of the business’s stock in a transaction dated Thursday, September 8th. The stock was sold at an average price of C$23.85, for a total value of C$67,972.50.
Shares of Finning International (TSE:FTT) traded up 1.07% during midday trading on Thursday, reaching $24.45. The company had a trading volume of 419,685 shares. The firm’s market cap is $4.11 billion. Finning International has a 52-week low of $16.37 and a 52-week high of $25.46. The company’s 50-day moving average is $23.68 and its 200-day moving average is $21.85.
Finning International Company Profile
Finning International Inc is a Caterpillar Inc (Caterpillar) dealer. The Company sells, rents and provides parts and service for equipment and engines to customers in mining, construction, petroleum and forestry industries. It operates through three segments: Canadian operations, South American operations, and UK & Ireland operations.
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