BMO Capital Sticks to Their Buy Rating for Finning International (FTT)


In a new note to investors yesterday, an analyst has provided a rating update for the Services sector company, Finning International (FTT). BMO Capital’s analyst Devin Dodge reiterates their Buy rating on the shares, with a C$34 price target.

According to TipRanks.com, Dodge is ranked #4210 out of 5135 analysts.

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Finning International has an analyst consensus of Strong Buy, with a price target consensus of C$36.14, implying a 47.2% upside from current levels. In a report issued on January 7, TD Securities also reiterated a Buy rating on the stock with a C$31 price target.

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Finning International’s market cap is currently C$4.13B and has a P/E ratio of 15.8. The company has a Price to Book ratio of 1.95.

Finning International, Inc. engages in the sale, service, and renting out heavy equipment, engines, and related products. It operates through the following business segments: Canadian Operations, South American Operations, UK & Ireland Operations, and Other.

The company’s shares closed on Tuesday at C$24.55, close to its 52-week low of C$22.46.

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