Finning International Inc. (TSE:FTT) had its price target boosted by Raymond James Financial, Inc. from C$32.00 to C$36.25 in a research report released on Wednesday. Raymond James Financial, Inc. currently has an outperform rating on the stock.

A number of other analysts have also recently weighed in on FTT. Scotiabank increased their price objective on Finning International from C$30.00 to C$32.00 and gave the stock an outperform rating in a research report on Thursday, August 10th. CIBC increased their price objective on Finning International from C$28.00 to C$29.00 in a research report on Thursday, August 10th. TD Securities increased their price objective on Finning International from C$29.00 to C$32.00 and gave the stock a buy rating in a research report on Thursday, August 10th. National Bank Financial increased their price objective on Finning International from C$33.00 to C$37.50 and gave the stock an outperform rating in a research report on Wednesday. Finally, Canaccord Genuity increased their price objective on Finning International from C$33.00 to C$36.00 in a research report on Wednesday, October 18th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has an average rating of Buy and a consensus target price of C$34.72.

Shares of Finning International (TSE: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.

COPYRIGHT VIOLATION NOTICE: This story was first posted by Watch List News and is the property of of Watch List News. If you are accessing this story on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark law. The legal version of this story can be viewed at https://www.watchlistnews.com/raymond-james-financial-inc-boosts-finning-international-inc-ftt-price-target-to-c36-25/1697620.html.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 7th. Stockholders of record on Thursday, November 23rd will be issued a $0.19 dividend. The ex-dividend date is Tuesday, November 21st. This represents a $0.76 annualized dividend and a dividend yield of 2.44%. Finning International’s dividend payout ratio is currently 76.03%.

In other news, insider Kevin Parkes sold 2,074 shares of the firm’s 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 value of C$65,579.88. Also, insider Cristian Chavez sold 3,000 shares of the firm’s 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 value of C$83,700.00.

About Finning International

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)

Receive News & Ratings for Finning International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finning International Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.