Finning International Inc. (OTCMKTS:FINGF) Receives Average Recommendation of “Buy” from Analysts

Shares of Finning International Inc. (OTCMKTS:FINGF – Get Rating) have been given a consensus recommendation of “Buy” by the ten brokerages that are presently covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy rating. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $44.30.

FINGF has been the subject of several research analyst reports. Royal Bank of Canada raised their target price on shares of Finning International from C$43.00 to C$47.00 in a research note on Thursday, February 10th. Scotiabank raised their target price on shares of Finning International from C$43.00 to C$45.00 in a research note on Thursday, February 10th. Canaccord Genuity Group raised their target price on shares of Finning International from C$44.00 to C$46.00 and gave the company a “buy” rating in a research note on Thursday, February 10th. BMO Capital Markets raised their target price on shares of Finning International from C$35.00 to C$38.00 in a research note on Thursday, February 10th. Finally, National Bankshares raised their target price on shares of Finning International from C$45.00 to C$46.00 in a research note on Wednesday, January 5th.

FINGF opened at $30.50 on Thursday. The company has a fifty day moving average of $29.65 and a 200 day moving average of $27.86. Finning International has a fifty-two week low of $22.10 and a fifty-two week high of $32.23.

The firm also recently disclosed a dividend, which was paid on Thursday, March 10th. Shareholders of record on Thursday, February 24th were paid a $0.177 dividend. The ex-dividend date of this dividend was Wednesday, February 23rd. This represents a dividend yield of 2.31%.

Finning International Company Profile (Get Rating)

Finning International, Inc engages in the sale, service, and renting out heavy equipment, engines, and related products. It operates through the following business segments: Canadian Operations, South American Operations, UK & Ireland Operations, and Other. The Canadian Operations segment is comprised of British Columbia, Alberta, Saskatchewan, Yukon, the Northwest Territories, and a portion of Nunavut.

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