Finning International (FTT) Receives a Buy from RBC Capital

Finning International’s analyst coverage remains bullish after RBC Capital reiterated a Buy stance, setting a C$130.00 price target. In the report released July 8, analyst Sabahat Khan maintained the rating as Finning shares closed last Friday at C$99.31. That implies a potential upside toward the target level, while market expectations already reflect optimism: TipRanks shows an analyst consensus of Strong Buy with a C$121.50 target, described as 22.34% above current prices. TipRanks also highlights Khan’s track record, citing an average return of 6.4% and a 50.00% success rate on recommended stocks. Separately, Scotiabank reiterated a Buy on July 7 with a C$118.00 target. Financially, Finning reported quarterly revenue of C$2.5 billion and net profit of C$121 million for the quarter ending March 31, up from C$2.45 billion revenue and C$104 million profit a year earlier.