Finning International Inc. (TSE:FTT) had its price target lifted by investment analysts at TD Securities from C$20.00 to C$25.00 in a research note issued to investors on Wednesday. The firm currently has a “hold” rating on the stock. TD Securities’ price objective suggests a potential downside of 1.85% from the stock’s previous close.

Several other brokerages also recently commented on FTT. Scotiabank upped their price objective on shares of Finning International from C$23.50 to C$28.50 and gave the company an “outperform” rating in a research note on Wednesday. Raymond James Financial Inc. upped their price objective on shares of Finning International from C$22.50 to C$24.00 and gave the company a “market perform” rating in a research note on Monday, September 26th. National Bank Financial raised shares of Finning International from an “underperform” rating to a “sector perform” rating and upped their price objective for the company from C$20.00 to C$23.00 in a research note on Friday, September 16th. Finally, CIBC decreased their price target on shares of Finning International from C$20.50 to C$20.00 and set an “underperform” rating for the company in a research note on Wednesday, June 29th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of C$21.45.

Analyst Recommendations for Finning International (TSE:FTT)

Finning International (TSE:FTT) traded down 0.39% during trading on Wednesday, reaching $25.37. The company’s stock had a trading volume of 871,651 shares. Finning International has a one year low of $16.37 and a one year high of $26.31. The firm’s market cap is $4.26 billion. The company has a 50-day moving average of $24.03 and a 200 day moving average of $22.21.

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In other Finning International news, insider Jean Gail Sexsmith sold 2,850 shares of the company’s stock in a transaction dated Thursday, September 8th. The shares were sold at an average price of C$23.85, for a total value of C$67,972.50.

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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