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

Shares of Finning International Inc. (TSE:FTT) have earned a consensus recommendation of “Buy” from the five brokerages that are covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a buy recommendation. The average 1 year price target among brokerages that have issued a report on the stock in the last year is C$48.25.

Several analysts have recently commented on the stock. Scotiabank set a C$51.00 price target on shares of Finning International and gave the company an “outperform” rating in a research report on Wednesday, August 21st. CIBC boosted their price target on shares of Finning International from C$48.00 to C$50.00 and gave the company an “outperform” rating in a research note on Thursday. BMO Capital Markets dropped their target price on shares of Finning International from C$50.00 to C$46.00 in a report on Thursday, November 14th. Canaccord Genuity Group decreased their price target on Finning International from C$53.00 to C$51.00 in a research note on Thursday, November 14th. Finally, Raymond James cut their price objective on Finning International from C$52.00 to C$50.00 in a report on Thursday, November 14th.

Finning International Stock Performance

Shares of TSE:FTT opened at C$38.53 on Friday. The business’s 50 day moving average price is C$40.80 and its 200-day moving average price is C$40.25. The firm has a market capitalization of C$5.37 billion, a PE ratio of 10.98, a P/E/G ratio of 0.56 and a beta of 1.55. The company has a debt-to-equity ratio of 113.71, a current ratio of 1.55 and a quick ratio of 0.59. Finning International has a 1 year low of C$34.28 and a 1 year high of C$45.17.

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.