Finning International Inc. (FTT) Price Target Increased to C$25.00 by Analysts at TD Securities
Finning International Inc. (TSE:FTT) had its price objective lifted by TD Securities from C$20.00 to C$25.00 in a research report report published on Wednesday morning. TD Securities currently has a hold rating on the stock.
Other equities research analysts have also issued reports about the stock. Scotiabank boosted their target price on shares of Finning International from C$23.50 to C$28.50 and gave the stock an outperform rating in a report on Wednesday. CIBC lowered their price target on Finning International from C$20.50 to C$20.00 and set an underperform rating on the stock in a report on Wednesday, June 29th. Raymond James Financial Inc. upped their price target on Finning International from C$22.50 to C$24.00 and gave the stock a market perform rating in a report on Monday, September 26th. Finally, National Bank Financial upgraded Finning International from an underperform rating to a sector perform rating and upped their price target for the stock from C$20.00 to C$23.00 in a report on Friday, September 16th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. Finning International presently has a consensus rating of Hold and a consensus target price of C$21.45.
Finning International (TSE:FTT) opened at 25.39 on Wednesday. The company has a 50 day moving average price of $24.09 and a 200 day moving average price of $22.23. Finning International has a 12 month low of $16.37 and a 12 month high of $26.31. The stock’s market capitalization is $4.27 billion.
In other Finning International news, insider Jean Gail Sexsmith sold 2,850 shares of Finning International stock in a transaction that occurred on Thursday, September 8th. The stock was sold at an average price of C$23.85, for a total value of C$67,972.50.
Finning International Company Profile
Finning International Inc is a Caterpillar Inc (Caterpillar) dealer. The Company sells, rents and provides parts and service for equipment and engines to customers in mining, construction, petroleum and forestry industries. It operates through three segments: Canadian operations, South American operations, and UK & Ireland operations.
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