Finning International Inc. (OTCMKTS:FINGF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Finning International Inc. (OTCMKTS:FINGF) have earned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company.

Several research analysts recently weighed in on FINGF shares. Scotiabank reiterated an “outperform” rating on shares of Finning International in a research report on Friday, October 17th. CIBC reaffirmed an “outperform” rating on shares of Finning International in a report on Monday, October 20th.

Finning International Stock Up 1.2%

Shares of FINGF opened at $54.75 on Wednesday. The business’s 50-day moving average is $53.15 and its two-hundred day moving average is $47.03. Finning International has a fifty-two week low of $23.89 and a fifty-two week high of $56.45.

Finning International Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 11th. Shareholders of record on Thursday, November 27th were given a $0.2161 dividend. The ex-dividend date was Wednesday, November 26th. This represents a dividend yield of 165.0%.

Finning International Company Profile

Finning International Inc operates as the world’s largest dealer of Caterpillar machinery, engines and power systems, providing a comprehensive range of sales, rental, parts and service solutions. The company’s core offerings encompass medium- and heavy-duty equipment for industries such as mining, construction, energy, forestry and transportation, along with bespoke power generation packages and digital monitoring tools. Through maintenance contracts and cost-per-hour service agreements, Finning helps customers optimize equipment uptime and total lifecycle costs.

Founded in Vancouver, British Columbia, in 1933, Finning has grown from a single dealership to a global enterprise headquartered in Vancouver’s downtown business district.