Canadian Imperial Bank of Commerce Raises Finning International (TSE:FTT) Price Target to C$120.00

Finning International (TSE:FTT) had its target price upped by equities researchers at Canadian Imperial Bank of Commerce from C$100.00 to C$120.00 in a research report issued on Thursday,BayStreet.CA reports. Canadian Imperial Bank of Commerce’s target price suggests a potential upside of 17.37% from the stock’s previous close.

Several other analysts have also issued reports on the company. Royal Bank Of Canada upped their price objective on Finning International from C$89.00 to C$104.00 in a research note on Thursday, February 12th. TD Securities upped their target price on Finning International from C$100.00 to C$104.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. TD upped their target price on Finning International from C$104.00 to C$106.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. BMO Capital Markets upped their target price on Finning International from C$96.00 to C$115.00 in a research report on Thursday. Finally, Canaccord Genuity Group upped their target price on Finning International from C$90.00 to C$100.00 and gave the company a “buy” rating in a research report on Monday, February 9th. Eight investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$113.22.

Finning International Price Performance

TSE:FTT opened at C$102.24 on Thursday. The company has a quick ratio of 0.59, a current ratio of 1.61 and a debt-to-equity ratio of 88.08. The stock’s 50 day moving average price is C$92.06 and its two-hundred day moving average price is C$84.21. The firm has a market capitalization of C$13.35 billion, a price-to-earnings ratio of 20.09, a P/E/G ratio of 0.56 and a beta of 0.70. Finning International has a 12-month low of C$47.38 and a 12-month high of C$106.15.

Finning International (TSE:FTT) last released its quarterly earnings data on Tuesday, May 12th. The company reported C$1.02 earnings per share (EPS) for the quarter. The firm had revenue of C$2.50 billion for the quarter. Finning International had a return on equity of 24.23% and a net margin of 6.34%. On average, analysts anticipate that Finning International will post 4.244898 earnings per share for the current year.

Insider Transactions at Finning International

In related news, insider Gary Samuel Megarrell sold 300 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of C$103.00, for a total transaction of C$30,900.00. Following the sale, the insider owned 2,511 shares of the company’s stock, valued at C$258,633. This represents a 10.67% decrease in their ownership of the stock. Insiders sold a total of 694 shares of company stock worth $71,496 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Trending Headlines about Finning International

Here are the key news stories impacting Finning International this week:

• Positive Sentiment: Royal Bank of Canada raised its price target on Finning International to C$130, suggesting meaningful upside from current levels.
• Positive Sentiment: Canadian Imperial Bank of Commerce, BMO Capital Markets, and Raymond James all increased their targets to C$120-C$120, reinforcing a broadly bullish analyst consensus.
• Positive Sentiment: National Bank Financial upgraded Finning International to outperform and lifted its target to C$115 from C$89, indicating stronger expectations for the stock.
• Neutral Sentiment: Finning released its Q1 2026 earnings call transcript, which may provide additional color on operating trends but did not include a new financial result in the provided items. Full Transcript: Finning International Q1 2026 Earnings Call
• Negative Sentiment: Insider Gary Samuel Megarrell sold a small number of Finning shares in several transactions, which can slightly dampen sentiment even though the sales were modest relative to his remaining holdings.

About Finning International

Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery.