Finning International Inc. (FTT) Earns “Sector Perform” Rating from Royal Bank Of Canada
Royal Bank Of Canada restated their sector perform rating on shares of Finning International Inc. (TSE:FTT) in a research report sent to investors on Friday morning, StockTargetPrices.com reports. The brokerage currently has a C$26.00 price objective on the stock.
FTT has been the topic of a number of other reports. Scotiabank restated an outperform rating and set a C$28.50 target price on shares of Finning International in a research report on Friday, October 28th. CIBC upgraded shares of Finning International from an underperform rating to a neutral rating and raised their target price for the stock from C$20.00 to C$27.00 in a research report on Wednesday, January 18th. RBC Capital Markets raised their target price on shares of Finning International from C$22.00 to C$24.00 in a research report on Monday, October 17th. Canaccord Genuity lowered shares of Finning International from a buy rating to a hold rating in a research report on Tuesday, November 1st. Finally, TD Securities restated a hold rating and set a C$25.00 target price on shares of Finning International in a research report on Friday, November 4th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of C$23.27.
Finning International (TSE:FTT) traded up 0.57% during midday trading on Friday, hitting $26.65. 222,184 shares of the stock were exchanged. The stock’s market cap is $4.48 billion. Finning International has a one year low of $17.28 and a one year high of $28.02. The firm has a 50-day moving average price of $26.32 and a 200-day moving average price of $25.17.
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About Finning International
Finning International Inc is a Caterpillar Inc (Caterpillar) dealer. The Company sells, rents and provides parts and service for equipment and engines to customers in mining, construction, petroleum and forestry industries. It operates through three segments: Canadian operations, South American operations, and UK & Ireland operations.
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