Finning International (TSE:FTT – Get Free Report) had its price objective raised by BMO Capital Markets from C$96.00 to C$115.00 in a note issued to investors on Thursday,BayStreet.CA reports. BMO Capital Markets’ price target suggests a potential upside of 12.48% from the stock’s previous close.
A number of other equities research analysts also recently weighed in on the company. TD boosted their target price on Finning International from C$104.00 to C$106.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Scotiabank boosted their target price on Finning International from C$105.00 to C$109.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, April 28th. Canadian Imperial Bank of Commerce boosted their target price on Finning International from C$84.00 to C$102.00 in a research report on Friday, February 6th. TD Securities boosted their target price on Finning International from C$100.00 to C$104.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Finally, Canaccord Genuity Group boosted their target price on Finning International from C$90.00 to C$100.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. Eight research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$113.22.
View Our Latest Stock Report on FTT
Finning International Trading Down 0.9%
Finning International (TSE:FTT – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported C$1.02 earnings per share for the quarter. The company had revenue of C$2.50 billion during the quarter. Finning International had a return on equity of 24.23% and a net margin of 6.34%. As a group, equities research analysts expect that Finning International will post 4.244898 EPS for the current year.
Insider Activity at Finning International
In other Finning International news, insider Gary Samuel Megarrell sold 300 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of C$103.00, for a total value of C$30,900.00. Following the completion of the transaction, the insider directly owned 2,511 shares of the company’s stock, valued at approximately C$258,633. The trade was a 10.67% decrease in their ownership of the stock. Insiders sold 694 shares of company stock worth $71,496 over the last ninety days. 0.10% of the stock is owned by insiders.
Key Stories Impacting Finning International
Here are the key news stories impacting Finning International this week:
- Positive Sentiment: Royal Bank of Canada raised its price target on Finning International to C$130, suggesting meaningful upside from current levels.
- Positive Sentiment: Canadian Imperial Bank of Commerce, BMO Capital Markets, and Raymond James all increased their targets to C$120-C$120, reinforcing a broadly bullish analyst consensus.
- Positive Sentiment: National Bank Financial upgraded Finning International to outperform and lifted its target to C$115 from C$89, indicating stronger expectations for the stock.
- Neutral Sentiment: Finning released its Q1 2026 earnings call transcript, which may provide additional color on operating trends but did not include a new financial result in the provided items. Full Transcript: Finning International Q1 2026 Earnings Call
- Negative Sentiment: Insider Gary Samuel Megarrell sold a small number of Finning shares in several transactions, which can slightly dampen sentiment even though the sales were modest relative to his remaining holdings.
Finning International Company Profile
Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery.
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