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Finning International Inc. (TSE:FTT) target price raised to $23.50, reported today by Scotia Capital

Finning International Inc. (TSE:FTT) had its price target bumped up to $24 by Scotia Capital in a report released Wednesday August 3 2016. The latest target price suggests a potential upside of 0.12% from the bussiness’ previous closing price.

On 6/3/2016, Scotia Capital reported on Finning International Inc.(TSE:FTT) bumped the target price from $0.00 to $23.50. At the time, this suggested an upside of 0.08%.

Showing a price of $21.01, Finning International Inc. (TSE:FTT) traded 2.83% higher on the day. With the last stock close down 11.23% relative to the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same period. FTT has been tracking to a 50-day moving average of $23.12 and two hundred day moving average of $21.54. Trade volume was was up over the average, with 560,013 shares of FTT changing hands over the typical 342,360 shares.

Recent Performance Graph:

Finning International Inc. (TSE:FTT)

Finning International Inc. has a 52 week low of $16.37 and a 52 week high of $24.34 and has a total market value of $0.0.

About Finning International Inc. (TSE:FTT)

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. The Canadian operations segment includes Finning, OEM Remanufacturing Company Inc. and interest in Pipeline Machinery International. The South American operations segment sells, services and rents Caterpillar equipment and engines in Chile, Argentina, Uruguay and Bolivia. The South American operations segment’s markets include mining, construction, forestry and power systems. The UK & Ireland operations segment sells, services and rents Caterpillar equipment and engines in England, Scotland, Wales, Northern Ireland and the Republic of Ireland. The UK & Ireland operations segment’s markets include mining, quarrying, and construction and power systems.

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