Raymond James announced Finning International Inc. (TSE:FTT), bumping up its stock price target to $24.00 today
- Updated: September 26, 2016
Just yesterday Finning International Inc. (TSE:FTT) traded 0.00% even at $24.67. Finning International Inc.’s 50-day moving average is $23.52 and its 200-day moving average is $21.72. The last closing price is up 13.52% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 147,417 shares of FTT traded hands, down from an average trading volume of 358,697
In a report released on 9/26/2016 Raymond James increased the stock price target of Finning International Inc. (TSE:FTT) from $22.50 to $24.00 reporting a possible downside of -0.03%.
Previously on 9/16/2016, National Bank Financial reported on Finning International Inc. (TSE:FTT) increased the target price from $20.00 to $23.00. At the time, this indicated a possible downside of -0.04%.
Recent Performance Chart
Finning International Inc. has with a one year low of $16.37 and a one year high of $25.46 and has a market capitalization of $0.
General Information 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, construction and power systems.
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