Finning International Inc. (TSE:FTT) Given Consensus Rating of “Buy” by Analysts

Shares of Finning International Inc. (TSE:FTT) have received an average recommendation of “Buy” from the five ratings firms that are covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a buy recommendation. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$48.00.

Several research firms recently weighed in on FTT. Scotiabank set a C$51.00 target price on shares of Finning International and gave the company an “outperform” rating in a report on Wednesday, August 21st. TD Securities upgraded Finning International from a “hold” rating to a “buy” rating and raised their target price for the company from C$43.00 to C$45.00 in a report on Friday, August 9th. BMO Capital Markets decreased their price target on Finning International from C$50.00 to C$46.00 in a report on Thursday. Canaccord Genuity Group dropped their price objective on shares of Finning International from C$53.00 to C$51.00 in a research note on Thursday. Finally, Raymond James decreased their target price on shares of Finning International from C$52.00 to C$50.00 in a research note on Thursday.

Finning International Trading Up 0.3 %

Shares of FTT opened at C$38.34 on Monday. The firm has a market capitalization of C$5.35 billion, a P/E ratio of 10.92, a price-to-earnings-growth ratio of 0.56 and a beta of 1.55. Finning International has a twelve month low of C$34.04 and a twelve month high of C$45.17. The company has a current ratio of 1.55, a quick ratio of 0.59 and a debt-to-equity ratio of 113.71. The stock’s fifty day simple moving average is C$41.30 and its 200 day simple moving average is C$40.79.

About Finning International

Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets.