Finning International Inc. (TSE:FTT) Receives Consensus Recommendation of "Buy" from Brokerages

Shares of Finning International Inc. (TSE:FTT - Get Free Report) have earned an average rating of "Buy" from the five brokerages that are currently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a buy rating. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$48.00.

FTT has been the subject of several research reports. Royal Bank of Canada lowered their price objective on shares of Finning International from C$50.00 to C$46.00 in a research report on Thursday. CIBC dropped their target price on shares of Finning International from C$50.00 to C$48.00 in a report on Thursday. TD Securities upgraded shares of Finning International from a "hold" rating to a "buy" rating and upped their price objective for the company from C$43.00 to C$45.00 in a report on Friday, August 9th. Canaccord Genuity Group dropped their price target on Finning International from C$53.00 to C$51.00 in a report on Thursday. Finally, Scotiabank set a C$51.00 target price on shares of Finning International and gave the stock an "outperform" rating in a report on Wednesday, August 21st.

Finning International Trading Down 0.3 %

TSE FTT traded down C$0.11 during trading hours on Monday, hitting C$38.23. The company's stock had a trading volume of 647,173 shares, compared to its average volume of 352,952. Finning International has a twelve month low of C$34.04 and a twelve month high of C$45.17. The firm has a market capitalization of C$5.33 billion, a P/E ratio of 10.89, a PEG ratio of 0.56 and a beta of 1.55. The company has a quick ratio of 0.59, a current ratio of 1.55 and a debt-to-equity ratio of 113.71. The stock has a fifty day moving average of C$41.26 and a 200 day moving average of C$40.76.

Finning International Company Profile

Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets.