Finning International Inc. (TSE:FTT) Receives C$48.25 Average Target Price from Analysts

Finning International Inc. (TSE:FTT) has received a consensus recommendation of “Buy” from the five analysts that are presently covering the company, MarketBeat.com reports. Five analysts have rated the stock with a buy rating. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$48.25.

A number of equities analysts have issued reports on FTT shares. Royal Bank of Canada lowered their target price on Finning International from C$50.00 to C$46.00 in a report on Thursday, November 14th. Scotiabank set a C$51.00 price objective on shares of Finning International and gave the company an “outperform” rating in a report on Wednesday, August 21st. Canaccord Genuity Group dropped their price target on shares of Finning International from C$53.00 to C$51.00 in a research report on Thursday, November 14th. Raymond James decreased their price objective on shares of Finning International from C$52.00 to C$50.00 in a research report on Thursday, November 14th. Finally, BMO Capital Markets cut their price target on shares of Finning International from C$50.00 to C$46.00 in a research report on Thursday, November 14th.

Finning International Trading Down 0.5 %

Shares of FTT opened at C$38.33 on Friday. Finning International has a 52-week low of C$34.28 and a 52-week high of C$45.17. The company has a debt-to-equity ratio of 113.71, a quick ratio of 0.59 and a current ratio of 1.55. The business’s fifty day moving average is C$40.68 and its 200-day moving average is C$40.21. The firm has a market cap of C$5.35 billion, a price-to-earnings ratio of 10.92, a PEG ratio of 0.56 and a beta of 1.55.

Finning International Company Profile

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.