Firan Technology Group (TSE:FTG) Stock Price Expected to Rise, Raymond James Financial Analyst Says

Firan Technology Group (TSE:FTG) had its target price lifted by research analysts at Raymond James Financial from C$20.00 to C$24.00 in a research note issued to investors on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Raymond James Financial’s price objective indicates a potential upside of 25.65% from the stock’s current price.

Firan Technology Group Stock Down 3.2%

Firan Technology Group stock opened at C$19.10 on Friday. Firan Technology Group has a twelve month low of C$7.50 and a twelve month high of C$22.87. The stock has a 50 day moving average of C$18.35 and a two-hundred day moving average of C$14.03. The company has a current ratio of 2.65, a quick ratio of 1.53 and a debt-to-equity ratio of 31.08. The stock has a market capitalization of C$480.80 million, a price-to-earnings ratio of 36.73 and a beta of 1.92.

Firan Technology Group (TSE:FTG) last posted its quarterly earnings data on Wednesday, April 8th. The company reported C$0.14 earnings per share for the quarter. Firan Technology Group had a return on equity of 14.24% and a net margin of 6.85%.The company had revenue of C$47.30 million during the quarter. As a group, research analysts expect that Firan Technology Group will post 0.4199717 earnings per share for the current year.

Firan Technology Group Company Profile

Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the global marketplace. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, subassemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe and generates substantial sales from the United States.