BMO Capital Markets set a C$37.00 price objective on Finning International Inc. (TSE:FTT) in a research note issued to investors on Wednesday. The firm currently has an outperform rating on the stock.

Several other equities research analysts have also issued reports on FTT. Raymond James Financial, Inc. lifted their target price on shares of Finning International from C$32.00 to C$36.25 and gave the company an outperform rating in a research report on Wednesday. Scotiabank lifted their target price on shares of Finning International from C$30.00 to C$32.00 and gave the company an outperform rating in a research report on Thursday, August 10th. CIBC lifted their target price on shares of Finning International from C$28.00 to C$29.00 in a research report on Thursday, August 10th. TD Securities lifted their target price on shares of Finning International from C$29.00 to C$32.00 and gave the company a buy rating in a research report on Thursday, August 10th. Finally, National Bank Financial lifted their target price on shares of Finning International from C$33.00 to C$37.50 and gave the company an outperform rating in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Finning International has an average rating of Buy and a consensus price target of C$34.72.

Shares of Finning International (FTT) opened at C$31.18 on Wednesday. Finning International has a 1 year low of C$23.76 and a 1 year high of C$32.93.

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The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 7th. Shareholders of record on Thursday, November 23rd will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 2.44%. The ex-dividend date of this dividend is Tuesday, November 21st. Finning International’s dividend payout ratio (DPR) is presently 75.26%.

In other Finning International news, insider Cristian Chavez sold 3,000 shares of Finning International stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of C$27.90, for a total transaction of C$83,700.00. Also, insider Kevin Parkes sold 2,074 shares of Finning International stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of C$31.62, for a total transaction of C$65,579.88.

Finning International Company Profile

Finning International Inc is engaged in the selling, servicing and renting of heavy equipment, engines, and related products in various markets worldwide. Its segments include its Canadian operations, which include British Columbia, Alberta, Saskatchewan, Yukon, the Northwest Territories, and a portion of Nunavut; South American operations, which include Chile, Argentina, Bolivia, and Uruguay, the United Kingdom and Ireland operations, which include England, Scotland, Wales, Northern Ireland and the Republic of Ireland.

Analyst Recommendations for Finning International (TSE:FTT)

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