Brokerages Set Finning International Inc. (TSE:FTT) PT at C$48.25

Shares of Finning International Inc. (TSE:FTT) have been assigned an average recommendation of “Buy” from the five brokerages that are covering the firm, MarketBeat reports. Five analysts have rated the stock with a buy rating. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$48.25.

FTT has been the subject of a number of analyst reports. BMO Capital Markets decreased their price objective on shares of Finning International from C$50.00 to C$46.00 in a report on Thursday, November 14th. Canaccord Genuity Group lowered their price objective on shares of Finning International from C$53.00 to C$51.00 in a research report on Thursday, November 14th. CIBC lifted their target price on Finning International from C$48.00 to C$50.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Raymond James lowered their price target on Finning International from C$52.00 to C$50.00 in a report on Thursday, November 14th. Finally, Scotiabank set a C$51.00 price objective on Finning International and gave the company an “outperform” rating in a report on Wednesday, August 21st.

Finning International Price Performance

Finning International stock opened at C$37.72 on Friday. The company has a current ratio of 1.55, a quick ratio of 0.59 and a debt-to-equity ratio of 113.71. The firm has a market capitalization of C$5.26 billion, a P/E ratio of 10.75, a PEG ratio of 0.56 and a beta of 1.55. The business has a 50-day moving average of C$40.54 and a 200-day moving average of C$40.17. Finning International has a 1 year low of C$34.28 and a 1 year high of C$45.17.

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.