Shares of Finning International Inc. (OTCMKTS:FINGF – Get Rating) have been assigned a consensus rating of "Buy" from the nine brokerages that are covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a buy recommendation. The average 1-year target price among brokerages that have covered the stock in the last year is $41.89.
FINGF has been the subject of a number of analyst reports. National Bank Financial decreased their price objective on shares of Finning International from C$46.00 to C$40.00 in a research report on Wednesday, July 13th. BMO Capital Markets reduced their price target on shares of Finning International from C$38.00 to C$32.00 in a research report on Monday, June 27th. Scotiabank reduced their price target on shares of Finning International from C$46.00 to C$38.00 in a research report on Monday, July 25th. Finally, Canaccord Genuity Group reduced their price target on shares of Finning International from C$46.00 to C$42.00 and set a "buy" rating on the stock in a research report on Monday, August 1st.
Get Finning International alerts:Finning International Price Performance
OTCMKTS:FINGF opened at $21.17 on Wednesday. The firm has a 50-day moving average of $21.32 and a two-hundred day moving average of $26.09. Finning International has a 1-year low of $18.34 and a 1-year high of $32.23.
Finning International Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, September 1st. Investors of record on Thursday, August 18th will be paid a dividend of $0.1835 per share. This is a positive change from Finning International's previous dividend of $0.18. The ex-dividend date is Wednesday, August 17th. This represents a yield of 3.22%.About Finning International
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Finning International Inc sells, services, and rents heavy equipment, and power and energy systems in Canada, Chile, the United Kingdom, Argentina, and internationally. The company offers telehandlers, articulated trucks, asphalt pavers, backhoe loaders, cable assist vehicles, cable yarding systems, chip dozers, cold planers, compactors, dozers, drills, electric rope shovels, excavators, material handlers, motor graders, off-highway trucks, pipelayers, remixing transfer vehicle, road reclaimers, road wideners, skid steer and compact track loaders, tack distributors, track loaders, underground-hard rock, wheel loaders, wheel tractor-scrapers, and windrow elevators, as well as attachments.
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