Finning International (TSE:FTT) Price Target Raised to C$72.00 at National Bankshares

Finning International (TSE:FTT) had its price objective raised by National Bankshares from C$66.00 to C$72.00 in a report issued on Monday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Several other equities analysts have also commented on FTT. Scotiabank upped their target price on Finning International from C$71.00 to C$85.00 in a report on Thursday, November 13th. Raymond James Financial upped their price objective on Finning International from C$68.00 to C$85.00 in a research note on Thursday, November 13th. TD Securities increased their target price on Finning International from C$81.00 to C$88.00 in a research report on Thursday, November 13th. CIBC raised their target price on Finning International from C$77.00 to C$84.00 in a research note on Thursday, November 13th. Finally, BMO Capital Markets upped their price target on shares of Finning International from C$76.00 to C$85.00 in a research report on Thursday, November 13th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$78.25.

Finning International Stock Performance

Shares of FTT opened at C$74.78 on Monday. The stock has a market capitalization of C$9.82 billion, a PE ratio of 14.75, a price-to-earnings-growth ratio of 0.56 and a beta of 0.78. The business’s fifty day moving average price is C$72.67 and its 200 day moving average price is C$63.50. The company has a debt-to-equity ratio of 98.14, a current ratio of 1.65 and a quick ratio of 0.59. Finning International has a 12-month low of C$34.59 and a 12-month high of C$79.68.

Finning International Company Profile

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.