A Wall Street analyst has provided a review for the Services company today, but retained the same rating on the stock. Analyst Derek Spronck from RBC Capital reiterated a Buy rating on Finning International (FTT), with a C$35 price target.
According to TipRanks.com, Spronck is ranked #657 out of 5153 analysts.
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Finning International has an analyst consensus of Strong Buy, with a price target consensus of C$33.83.
Based on Finning International’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$1.76 billion and net profit of C$25 million. In comparison, last year the company earned revenue of C$1.74 billion and had a net profit of C$66 million.
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 Thursday at C$25.31.
