What’s Propelling Finning International Inc. to Increase So Much?

 What's Propelling Finning International Inc. to Increase So Much?

The stock of Finning International Inc. (TSE:FTT) is a huge mover today! About 37,712 shares traded hands. Finning International Inc. (TSE:FTT) has risen 17.82% since April 25, 2016 and is uptrending. It has outperformed by 12.56% the S&P500.
The move comes after 7 months positive chart setup for the $4.33B company. It was reported on Nov, 29 by Barchart.com. We have $28.03 PT which if reached, will make TSE:FTT worth $346.40M more.

Finning International Inc. (TSE:FTT) Ratings Coverage

Out of 8 analysts covering Finning International Inc. (TSE:FTT), 2 rate it a “Buy”, 2 “Sell”, while 4 “Hold”. This means 25% are positive. $28.50 is the highest target while $15.50 is the lowest. The $21.45 average target is -17.34% below today’s ($25.95) stock price. Finning International Inc. has been the topic of 36 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Scotia Capital maintained the shares of FTT in a report on Friday, June 3 with “Outperform” rating. The firm has “Outperform” rating given on Friday, November 4 by Scotia Capital. On Friday, October 28 the stock rating was maintained by Scotia Capital with “Outperform”. The stock has “Sector Perform” rating given by National Bank Canada on Friday, September 16. The firm has “Hold” rating by TD Securities given on Friday, August 7. Canaccord Genuity upgraded the stock to “Buy” rating in Thursday, August 27 report. The company was maintained on Friday, November 4 by TD Securities. The rating was maintained by Scotia Capital on Friday, August 7 with “Outperform”. The company was upgraded on Friday, August 7 by Raymond James.

More recent Finning International Inc. (TSE:FTT) news were published by: Business.Financialpost.com which released: “Finning International Inc downgraded on uncertain demand” on February 22, 2016. Also Fool.ca published the news titled: “Einhorn Dislikes Caterpillar Inc.: Should You Sell Finning International Inc.?” on May 11, 2016. Fool.ca‘s news article titled: “Capitalize on Finning International Inc.’s Massive Share Buyback” with publication date: June 23, 2015 was also an interesting one.

Finning International Inc. is a Caterpillar Inc. dealer. The company has a market cap of $4.33 billion. The Firm sells, rents and provides parts and service for equipment and engines to clients in mining, construction, petroleum and forestry industries. It currently has negative earnings. It operates through three divisions: Canadian operations, South American operations, and UK & Ireland operations.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment