Finning International (TSE:FTT) Price Target Raised to C$72.00

Finning International (TSE:FTT) had its price objective raised by National Bankshares from C$66.00 to C$72.00 in a research note released on Monday,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Other equities analysts have also recently issued reports about the stock. TD Securities boosted their price target on shares of Finning International from C$81.00 to C$88.00 in a report on Thursday, November 13th. Raymond James Financial lifted their price objective on Finning International from C$68.00 to C$85.00 in a research report on Thursday, November 13th. Scotiabank upped their target price on Finning International from C$71.00 to C$85.00 in a research report on Thursday, November 13th. BMO Capital Markets upped their target price on Finning International from C$76.00 to C$85.00 in a research report on Thursday, November 13th. Finally, CIBC raised their price target on Finning International from C$77.00 to C$84.00 in a research note on Thursday, November 13th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$78.25.

Finning International Stock Down 4.3%

Shares of Finning International stock opened at C$71.88 on Monday. The stock has a 50-day moving average price of C$72.96 and a 200 day moving average price of C$63.73. The company has a current ratio of 1.65, a quick ratio of 0.59 and a debt-to-equity ratio of 98.14. The company has a market cap of C$9.44 billion, a P/E ratio of 14.18, a P/E/G ratio of 0.56 and a beta of 0.78. Finning International has a 1 year low of C$34.59 and a 1 year high of C$79.68.

Finning International Company Profile

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.