Canaccord Genuity Boosts Finning International Inc. (FTT) Price Target to C$36.00
FTT has been the topic of several other research reports. Scotiabank increased their target price on shares of Finning International from C$30.00 to C$32.00 and gave the company an outperform rating in a report on Thursday, August 10th. TD Securities increased their target price on shares of Finning International from C$29.00 to C$32.00 and gave the company a buy rating in a report on Thursday, August 10th. Finally, CIBC increased their target price on shares of Finning International from C$28.00 to C$29.00 in a report on Thursday, August 10th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has a consensus rating of Buy and an average target price of C$31.00.
Finning International (FTT) opened at 30.49 on Wednesday. The company has a market capitalization of $5.13 billion and a PE ratio of 35.05. The company has a 50-day moving average of $28.66 and a 200-day moving average of $26.56. Finning International has a 52 week low of $23.54 and a 52 week high of $30.80.
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In other news, insider David William Cummings purchased 9,500 shares of the business’s stock in a transaction on Friday, September 29th. The shares were acquired at an average price 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 firm’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of C$27.90, for a total transaction of C$83,700.00.
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.
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