Finning International Inc. (TSE:FTT) has received an average recommendation of “Hold” from the eleven ratings firms that are covering the stock. Three analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$20.55.
FTT has been the subject of a number of research reports. TD Securities reissued a “hold” rating and set a C$20.00 target price on shares of Finning International in a research note on Thursday, August 4th. Raymond James Financial Inc. boosted their price target on shares of Finning International from C$22.50 to C$24.00 and gave the stock a “market perform” rating in a research report on Monday, September 26th. Scotiabank restated an “outperform” rating and set a C$23.50 price target on shares of Finning International in a research report on Tuesday, August 2nd. National Bank Financial upgraded shares of Finning International from an “underperform” rating to a “sector perform” rating and boosted their price target for the stock from C$20.00 to C$23.00 in a research report on Friday, September 16th. Finally, CIBC lowered their price target on shares of Finning International from C$20.50 to C$20.00 and set an “underperform” rating on the stock in a research report on Wednesday, June 29th.
Finning International (TSE:FTT) opened at 24.40 on Thursday. The stock’s 50 day moving average is $23.77 and its 200-day moving average is $21.91. Finning International has a 12 month low of $16.37 and a 12 month high of $25.46. The stock’s market capitalization is $4.10 billion.
In other news, insider Jean Gail Sexsmith sold 2,850 shares of the business’s stock in a transaction that occurred on Thursday, September 8th. The shares were sold at an average price of C$23.85, for a total value of C$67,972.50.
About Finning International
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.
Receive News & Ratings for Finning International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finning International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.