Finning International Inc. (FTT) Given Average Recommendation of “Buy” by Analysts

Finning International Inc. (TSE:FTT) has been given an average recommendation of “Buy” by the eight brokerages that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is C$34.72.

Several research analysts recently weighed in on the stock. BMO Capital Markets set a C$37.00 target price on shares of Finning International and gave the company an “outperform” rating in a research note on Wednesday, November 8th. Scotiabank reissued an “outperform” rating and issued a C$32.00 target price on shares of Finning International in a research note on Saturday, September 23rd. TD Securities boosted their target price on shares of Finning International from C$32.00 to C$35.00 and gave the company a “buy” rating in a research note on Wednesday, October 25th. National Bank Financial boosted their target price on shares of Finning International from C$33.00 to C$37.50 and gave the company an “outperform” rating in a research note on Wednesday, November 8th. Finally, Raymond James Financial boosted their target price on shares of Finning International from C$32.00 to C$36.25 and gave the company an “outperform” rating in a research note on Wednesday, November 8th.

Shares of Finning International (FTT) opened at C$33.01 on Friday. Finning International has a 1 year low of C$23.76 and a 1 year high of C$33.12. The company has a market cap of $5,550.00, a PE ratio of 34.03 and a beta of 1.02.

In other Finning International news, insider Kevin Parkes sold 2,074 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of C$31.62, for a total value of C$65,579.88. In the last 90 days, insiders sold 3,450 shares of company stock valued at $109,004.

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Finning International Company Profile

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.

Analyst Recommendations for Finning International (TSE:FTT)

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