David Francis Neil Primrose Sells 514 Shares of Finning International Inc. (TSE:FTT) Stock

Finning International Inc. (TSE:FTT) insider David Francis Neil Primrose sold 514 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of C$31.42, for a total transaction of C$16,149.88.

Finning International Inc. (FTT) traded up C$0.14 during midday trading on Thursday, hitting C$33.01. 413,293 shares of the stock were exchanged, compared to its average volume of 253,814. The company has a market cap of $5,550.00, a P/E ratio of 34.03 and a beta of 1.02. Finning International Inc. has a 52 week low of C$23.76 and a 52 week high of C$33.12.

A number of research analysts have recently commented on FTT shares. Canaccord Genuity boosted their price target on shares of Finning International from C$33.00 to C$36.00 in a research report on Wednesday, October 18th. CIBC boosted their price target on shares of Finning International from C$29.00 to C$31.00 in a research report on Tuesday, October 24th. TD Securities boosted their price target on shares of Finning International from C$35.00 to C$36.00 and gave the company a “buy” rating in a research report on Wednesday, November 8th. Scotiabank boosted their price target on shares of Finning International from C$35.00 to C$36.00 and gave the company an “outperform” rating in a research report on Wednesday, November 8th. Finally, Raymond James Financial boosted their price target on shares of Finning International from C$32.00 to C$36.25 and gave the company an “outperform” rating in a research report on Wednesday, November 8th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of C$34.72.

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About Finning International

Finning International Inc is engaged in the selling, servicing and renting of heavy equipment, engines, and related products in various markets worldwide. Its segments include its Canadian operations, which include British Columbia, Alberta, Saskatchewan, Yukon, the Northwest Territories, and a portion of Nunavut; South American operations, which include Chile, Argentina, Bolivia, and Uruguay, the United Kingdom and Ireland operations, which include England, Scotland, Wales, Northern Ireland and the Republic of Ireland.

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