Finning International Inc. (FTT) Scheduled to Post Earnings on Tuesday

Finning International Inc. (TSE:FTT) will release its earnings data before the market opens on Tuesday, November 7th. Analysts expect Finning International to post earnings of C$0.32 per share for the quarter.

Shares of Finning International Inc. (TSE FTT) opened at C$31.64 on Friday.

In related news, insider David William Cummings bought 9,500 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The shares were purchased at an average cost of C$28.50 per share, with a total value of C$270,750.00. Also, insider Cristian Chavez sold 3,000 shares of the stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of C$27.90, for a total transaction of C$83,700.00.

WARNING: This piece was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece on another site, it was stolen and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.com-unik.info/2017/11/05/finning-international-inc-ftt-scheduled-to-post-earnings-on-tuesday.html.

FTT has been the topic of a number of analyst reports. TD Securities upgraded shares of Finning International from a “hold” rating to a “buy” rating and set a C$29.00 price objective on the stock in a report on Thursday, August 3rd. Scotiabank restated an “outperform” rating and issued a C$32.00 price objective on shares of Finning International in a report on Saturday, September 23rd. CIBC raised their price objective on shares of Finning International from C$29.00 to C$31.00 in a report on Tuesday, October 24th. Finally, Canaccord Genuity raised their price objective on shares of Finning International from C$33.00 to C$36.00 in a report on Wednesday, October 18th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Finning International presently has a consensus rating of “Buy” and an average price target of C$32.00.

About Finning International

Finning International Inc is engaged in the selling, servicing and renting of heavy equipment, engines, and related products in various markets worldwide. Its segments include its Canadian operations, which include British Columbia, Alberta, Saskatchewan, Yukon, the Northwest Territories, and a portion of Nunavut; South American operations, which include Chile, Argentina, Bolivia, and Uruguay, the United Kingdom and Ireland operations, which include England, Scotland, Wales, Northern Ireland and the Republic of Ireland.

What are top analysts saying about Finning International Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Finning International Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit