Todays Report: Today, Finning International Inc. (FTT) Given New C$24.00 Price Target at Royal Bank Of Canada

Today, Finning International Inc. (FTT) Given New C$24.00 Price Target at Royal Bank Of Canada

Finning International Inc. (TSE:FTT) had its price objective increased by Royal Bank Of Canada from C$22.00 to C$24.00 in a research report sent to investors on Monday morning, StockTargetPrices.com reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

Several other brokerages have also commented on FTT. CIBC decreased their price target on Finning International from C$20.50 to C$20.00 and set an underperform rating on the stock in a research note on Wednesday, June 29th. Scotiabank boosted their price target on Finning International from C$23.50 to C$28.50 and gave the company an outperform rating in a research note on Wednesday, October 12th. Raymond James Financial Inc. boosted their price target on 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 Finning International from an underperform rating to a sector perform rating and boosted their price target for the company from C$20.00 to C$23.00 in a research note on Friday, September 16th. Finally, TD Securities boosted their price target on Finning International from C$20.00 to C$25.00 and gave the company a hold rating in a research note on Wednesday, October 12th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. The stock has an average rating of Hold and a consensus price target of C$22.00.

Finning International (TSE:FTT) opened at 25.04 on Monday. Finning International has a 52 week low of $16.37 and a 52 week high of $26.31. The company’s 50-day moving average price is $24.24 and its 200 day moving average price is $22.38. The company’s market cap is $4.21 billion.

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

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