Firan Technology Group (TSE:FTG) Price Target Raised to C$20.00

Firan Technology Group (TSE:FTG) had its target price boosted by research analysts at Raymond James Financial from C$17.50 to C$20.00 in a research report issued on Friday,BayStreet.CA reports. The firm currently has a “peer perform” rating on the stock. Raymond James Financial’s price target indicates a potential upside of 6.67% from the stock’s current price.

Firan Technology Group Price Performance

Shares of Firan Technology Group stock traded up C$1.09 on Friday, hitting C$18.75. 305,811 shares of the company traded hands, compared to its average volume of 111,051. Firan Technology Group has a 52 week low of C$6.66 and a 52 week high of C$18.82. The business has a 50-day simple moving average of C$13.62 and a 200 day simple moving average of C$12.17. The company has a debt-to-equity ratio of 50.28, a quick ratio of 1.53 and a current ratio of 2.54. The stock has a market capitalization of C$471.99 million, a P/E ratio of 33.48 and a beta of 1.26.

Firan Technology Group Company Profile

Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the global marketplace. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, subassemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe and generates substantial sales from the United States.