Finning International Inc. (OTCMKTS:FINGF) Receives Consensus Recommendation of “Buy” from Brokerages
Finning International Inc. (OTCMKTS:FINGF) has been given a consensus rating of “Buy” by the eight brokerages that are currently covering the company, Marketbeat Ratings reports. Eight analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $34.81.
FINGF has been the topic of a number of research reports. Canaccord Genuity boosted their target price on shares of Finning International from $27.00 to $33.00 and gave the company a “buy” rating in a research report on Tuesday, January 26th. TD Securities upped their price objective on shares of Finning International from $32.00 to $34.00 and gave the company a “buy” rating in a report on Thursday, February 11th. Maxim Group raised their target price on Finning International from $35.00 to $37.00 and gave the company an “outperform” rating in a research note on Thursday, February 11th. BMO Capital Markets upped their price target on Finning International from $32.00 to $35.00 and gave the stock an “outperform” rating in a research note on Thursday, February 11th. Finally, CIBC raised their price objective on Finning International from $37.00 to $39.00 and gave the company an “outperform” rating in a research note on Tuesday, April 13th.
FINGF traded up $0.24 during trading on Thursday, hitting $26.35. The company’s stock had a trading volume of 2,429 shares, compared to its average volume of 3,343. Finning International has a twelve month low of $12.40 and a twelve month high of $27.08. The stock’s fifty day moving average price is $25.69 and its 200-day moving average price is $22.46.
Finning International Inc sells, services, and rents heavy equipment, and power and energy systems in Canada, Chile, the United Kingdom, Argentina, and internationally. It offers telehandlers, compact and small wheel loaders, mini excavators; heavy construction equipment, such as articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, excavators, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, track loaders, and wheel tractor-scrapers; and skidders, forest machines, track feller bunchers, log stackers, multi docker material handlers, cable yarding systems, dozers, drills, electric rope shovels, hydraulic mining shovels, and underground mining load haul dump (LHD) loaders.
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