BMO Capital Markets set a C$39.00 price target on Finning International (TSE:FTT) in a report released on Wednesday. The brokerage currently has an outperform rating on the stock.

FTT has been the subject of several other reports. Canaccord Genuity lifted their price target on shares of Finning International from C$33.00 to C$36.00 in a report on Wednesday, October 18th. Royal Bank of Canada set a C$40.00 price target on shares of Finning International and gave the company an outperform rating in a report on Monday, February 5th. CIBC lifted their price target on shares of Finning International from C$29.00 to C$31.00 in a report on Tuesday, October 24th. TD Securities lifted their price target on shares of Finning International from C$35.00 to C$36.00 and gave the company a buy rating in a report on Wednesday, November 8th. Finally, Scotiabank lifted their price target on shares of Finning International from C$36.00 to C$38.00 and gave the company an outperform rating in a report on Thursday, January 18th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of C$38.41.

Finning International (TSE FTT) opened at C$32.64 on Wednesday. Finning International has a fifty-two week low of C$23.76 and a fifty-two week high of C$36.48. The company has a market cap of $5,750.00, a PE ratio of 24.92 and a beta of 1.04.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 22nd will be given a $0.19 dividend. The ex-dividend date is Wednesday, February 21st. This represents a $0.76 annualized dividend and a yield of 2.33%. Finning International’s dividend payout ratio is presently 56.87%.

In related news, insider Juan Carlos Villegas sold 70,632 shares of Finning International stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of C$34.34, for a total value of C$2,425,502.88. Over the last quarter, insiders sold 72,008 shares of company stock worth $2,468,927.

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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)

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