Raymond James Financial Boosts Finning International (TSE:FTT) Price Target to C$85.00

Finning International (TSE:FTT) had its price objective hoisted by analysts at Raymond James Financial from C$68.00 to C$85.00 in a research note issued on Thursday,BayStreet.CA reports. Raymond James Financial’s target price suggests a potential upside of 14.85% from the stock’s current price. Raymond James Financial also issued estimates for Finning International’s FY2026 earnings at $4.65 EPS.

Several other brokerages have also weighed in on FTT. BMO Capital Markets upped their price objective on shares of Finning International from C$57.00 to C$66.00 in a report on Tuesday, July 22nd. Royal Bank Of Canada upped their price target on Finning International from C$61.00 to C$67.00 and gave the stock an “outperform” rating in a research note on Thursday, August 7th. CIBC raised their price objective on Finning International from C$68.00 to C$77.00 and gave the company an “outperform” rating in a research note on Monday, October 20th. Scotiabank boosted their price objective on Finning International from C$71.00 to C$85.00 in a report on Thursday. Finally, TD Securities upped their target price on Finning International from C$81.00 to C$88.00 in a research report on Thursday. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$75.88.

Finning International Stock Up 0.1%

Finning International stock opened at C$74.01 on Thursday. The company has a quick ratio of 0.59, a current ratio of 1.65 and a debt-to-equity ratio of 98.14. Finning International has a 12-month low of C$34.59 and a 12-month high of C$79.68. The firm’s fifty day moving average is C$67.37 and its 200 day moving average is C$59.08. The company has a market capitalization of C$9.96 billion, a PE ratio of 15.88, a PEG ratio of 0.56 and a beta of 0.91.

About Finning International

Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery.