TD Securities bumped up the target price of Finning International Inc. (TSE:FTT) to $35.00 indicating a possible upside of 0.12%.
Previously on Tuesday October 24, 2017, CIBC World Markets released a statement about Finning International Inc. (TSE:FTT) increased the target price from $29.00 to $31.00. At the time, this indicated a possible downside of -0.01%.
Recent Performance Chart
Finning International Inc. has price-earnings ratio of 36.05 with a one year low of $23.54 and a one year high of $31.77 and has a market capitalization of $0.
A total of 9 equity analysts have released a research note on FTT. 2 firms rating the stock a strong buy, 2 firms rating the company a buy, four brokerages rating the company a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the company a sell with a 12-month price target of $18.65.
More About Finning International Inc. (TSE:FTT)
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. It offers products and services through four lines of business: product support, new equipment sales, used equipment sales and equipment rental. It provides replacement parts, and maintenance and repair services for the products it sells. It distributes Caterpillar Inc.'s products, such as tractors, off-highway trucks and drills. It buys and sells used equipment domestically and internationally. It owns fleets of equipment for short-term rental and medium-term rental.
The post TD Securities issued a report on Finning International Inc. (TSE:FTT), boosting its target to $35.00 earlier today appeared first on Octafinance.