Finning International Inc. (TSE:FTT) had its price target lifted by Scotiabank from C$23.50 to C$28.50 in a research note issued to investors on Wednesday. They currently have an outperform rating on the stock.
FTT has been the topic of several other research reports. National Bank Financial upgraded shares of Finning International from an underperform rating to a sector perform rating and lifted their price target for the stock from C$20.00 to C$23.00 in a research note on Friday, September 16th. Raymond James Financial Inc. lifted 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 note on Monday, September 26th. TD Securities reiterated a hold rating and set a C$20.00 price target on shares of Finning International in a research note on Thursday, August 4th. Finally, CIBC dropped 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 note on Wednesday, June 29th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of C$22.00.
Finning International (TSE:FTT) opened at 25.04 on Wednesday. The stock’s market capitalization is $4.21 billion. Finning International has a 12 month low of $16.37 and a 12 month high of $26.31. The company has a 50-day moving average of $24.24 and a 200 day moving average of $22.38.
In other Finning International news, insider Jean Gail Sexsmith sold 2,850 shares of Finning International stock in a transaction 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.
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