CIBC Boosts Finning International (OTCMKTS:FINGF) Price Target to $39.00

Finning International (OTCMKTS:FINGF) had its price objective boosted by CIBC from $37.00 to $39.00 in a report issued on Tuesday, The Fly reports. CIBC currently has an outperform rating on the stock.

Several other research analysts have also issued reports on FINGF. Canaccord Genuity raised their price target on Finning International from $27.00 to $33.00 and gave the stock a buy rating in a research report on Tuesday, January 26th. TD Securities raised their price objective on Finning International from $32.00 to $34.00 and gave the stock a buy rating in a research note on Thursday, February 11th. Royal Bank of Canada raised their price objective on Finning International from $33.00 to $35.00 and gave the stock an outperform rating in a research note on Thursday, February 11th. Raymond James raised their price objective on Finning International from $24.00 to $31.00 and gave the stock an outperform rating in a research note on Friday, December 18th. Finally, Maxim Group raised their price objective on Finning International from $35.00 to $37.00 and gave the stock an outperform rating in a research note on Thursday, February 11th. Eight investment analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and an average target price of $34.81.

OTCMKTS:FINGF opened at $25.56 on Tuesday. Finning International has a 12-month low of $10.27 and a 12-month high of $27.08. The stock’s fifty day simple moving average is $26.01 and its 200-day simple moving average is $21.49.

Finning International Company Profile

Finning International Inc sells, services, and rents heavy equipment, and power and energy systems in Canada, Chile, the United Kingdom, Argentina, and internationally. It offers telehandlers, compact and small wheel loaders, mini excavators; heavy construction equipment, such as articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, excavators, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, track loaders, and wheel tractor-scrapers; and skidders, forest machines, track feller bunchers, log stackers, multi docker material handlers, cable yarding systems, dozers, drills, electric rope shovels, hydraulic mining shovels, and underground mining load haul dump (LHD) loaders.

Further Reading: What is the S&P/TSX Index?

The Fly

Analyst Recommendations for Finning International (OTCMKTS:FINGF)

Receive News & Ratings for Finning International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finning International and related companies with MarketBeat.com's FREE daily email newsletter.