Finning International Inc. (TSE:FTT) Receives Average Rating of “Buy” from Analysts

Finning International Inc. (TSE:FTT) has earned an average recommendation of “Buy” from the five analysts that are currently covering the firm, MarketBeat reports. Five analysts have rated the stock with a buy rating. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is C$48.25.

A number of equities research analysts recently weighed in on the company. CIBC upped their price objective on Finning International from C$48.00 to C$50.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. Raymond James lowered their price target on shares of Finning International from C$52.00 to C$50.00 in a report on Thursday, November 14th. Canaccord Genuity Group reduced their price objective on shares of Finning International from C$53.00 to C$51.00 in a research note on Thursday, November 14th. BMO Capital Markets lowered their target price on shares of Finning International from C$50.00 to C$46.00 in a research note on Thursday, November 14th. Finally, Royal Bank of Canada reduced their price target on Finning International from C$50.00 to C$46.00 in a research report on Thursday, November 14th.

Finning International Stock Up 0.1 %

Finning International stock opened at C$37.54 on Tuesday. The company has a quick ratio of 0.59, a current ratio of 1.55 and a debt-to-equity ratio of 113.71. The firm has a market cap of C$5.24 billion, a P/E ratio of 10.70, a P/E/G ratio of 0.56 and a beta of 1.55. The business has a fifty day moving average of C$38.42 and a two-hundred day moving average of C$39.64. Finning International has a twelve month low of C$34.28 and a twelve month high of C$45.17.

Finning International Company Profile

Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets.