Royal Bank Of Canada Issues Positive Forecast for Finning International (TSE:FTT) Stock Price

Finning International (TSE:FTT) had its price target hoisted by Royal Bank Of Canada from C$104.00 to C$130.00 in a report published on Friday,BayStreet.CA reports.

Several other equities research analysts have also recently commented on the company. Raymond James Financial increased their price target on Finning International from C$100.00 to C$120.00 and gave the company an “outperform” rating in a report on Thursday. Canadian Imperial Bank of Commerce increased their price target on Finning International from C$100.00 to C$120.00 in a report on Thursday. National Bank Financial raised Finning International from a “sector perform” rating to an “outperform” rating and increased their price target for the company from C$89.00 to C$115.00 in a report on Thursday. Scotiabank increased their price target on Finning International from C$105.00 to C$109.00 and gave the company a “sector outperform” rating in a report on Tuesday, April 28th. Finally, BMO Capital Markets increased their price target on Finning International from C$96.00 to C$115.00 in a report on Thursday. Eight equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Finning International has an average rating of “Buy” and an average price target of C$113.22.

Finning International Stock Performance

TSE FTT opened at C$102.24 on Friday. The stock has a market capitalization of C$13.35 billion, a price-to-earnings ratio of 20.09, a PEG ratio of 0.56 and a beta of 0.70. Finning International has a twelve month low of C$47.38 and a twelve month high of C$106.15. The company has a current ratio of 1.61, a quick ratio of 0.59 and a debt-to-equity ratio of 88.08. The stock has a 50-day moving average of C$92.06 and a 200 day moving average of C$84.21.

Finning International (TSE:FTT) last announced its earnings results on Tuesday, May 12th. The company reported C$1.02 EPS for the quarter. Finning International had a return on equity of 24.23% and a net margin of 6.34%.The business had revenue of C$2.50 billion during the quarter. Sell-side analysts anticipate that Finning International will post 4.244898 EPS for the current fiscal year.

Insider Activity

In other news, insider Gary Samuel Megarrell sold 300 shares of the stock in a transaction on 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 sale, the insider directly owned 2,511 shares in the company, valued at approximately C$258,633. This trade represents a 10.67% decrease in their ownership of the stock. Insiders sold 694 shares of company stock valued at $71,496 in the last 90 days. 0.10% of the stock is currently owned by company insiders.

Finning International News Roundup

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.

About Finning International

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.