Brokerages Set Finning International Inc. (TSE:FTT) PT at C$48.25

Finning International Inc. (TSE:FTT) has earned a consensus rating of “Buy” from the five research firms that are presently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a buy rating. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$48.25.

Several equities analysts have recently weighed in on the company. Royal Bank of Canada cut their target price on Finning International from C$50.00 to C$46.00 in a research report on Thursday, November 14th. Canaccord Genuity Group cut their price objective on shares of Finning International from C$53.00 to C$51.00 in a research report on Thursday, November 14th. Raymond James lowered their target price on shares of Finning International from C$52.00 to C$50.00 in a report on Thursday, November 14th. BMO Capital Markets cut their price target on shares of Finning International from C$50.00 to C$46.00 in a report on Thursday, November 14th. Finally, CIBC raised their price objective on shares of Finning International from C$48.00 to C$50.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th.

Finning International Trading Up 1.6 %

Shares of TSE FTT opened at C$37.72 on Tuesday. Finning International has a 1-year low of C$34.28 and a 1-year high of C$45.17. The company has a debt-to-equity ratio of 113.71, a current ratio of 1.55 and a quick ratio of 0.59. The business’s 50 day moving average is C$38.48 and its two-hundred day moving average is C$39.66. The stock has a market capitalization of C$5.26 billion, a P/E ratio of 10.75, 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.