Analysts Set Finning International Inc. (TSE:FTT) PT at C$48.25

Shares of Finning International Inc. (TSE:FTT) have received a consensus rating of “Buy” from the five research firms that are currently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$48.25.

FTT has been the topic of several analyst reports. Canaccord Genuity Group cut their price target on shares of Finning International from C$53.00 to C$51.00 in a report on Thursday, November 14th. Raymond James cut their target price on Finning International from C$52.00 to C$50.00 in a research note on Thursday, November 14th. BMO Capital Markets decreased their price target on Finning International from C$50.00 to C$46.00 in a research note on Thursday, November 14th. Royal Bank of Canada cut their price objective on Finning International from C$50.00 to C$46.00 in a research report on Thursday, November 14th. Finally, CIBC lifted their target price on Finning International from C$48.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th.

Finning International Trading Up 0.1 %

FTT stock opened at C$37.54 on Tuesday. Finning International has a twelve month low of C$34.28 and a twelve month high of C$45.17. The stock has a market capitalization of C$5.24 billion, a price-to-earnings ratio of 10.70, a price-to-earnings-growth ratio of 0.56 and a beta of 1.55. 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’s fifty day simple moving average is C$38.42 and its two-hundred day simple moving average is C$39.64.

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.