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An update from Finning International ( (TSE:FTT) ) is now available.
Finning International Inc. announced the results of its Annual Meeting of Shareholders, where 72.07% of the company’s outstanding shares were represented. Shareholders approved all business items, including the appointment of auditors, executive compensation, and the election of directors, indicating strong support for the company’s current management and strategic direction.
The most recent analyst rating on (TSE:FTT) stock is a Buy with a C$49.00 price target. To see the full list of analyst forecasts on Finning International stock, see the TSE:FTT Stock Forecast page.
Spark’s Take on TSE:FTT Stock
According to Spark, TipRanks’ AI Analyst, TSE:FTT is a Outperform.
Finning International’s stock is well-positioned with strong financial performance, particularly in revenue growth and cash flow. The earnings call reinforced this positive outlook with strategic moves like the 4Refuel sale. While technical indicators show some caution due to overbought conditions, the valuation remains attractive, supporting a favorable investment outlook.
To see Spark’s full report on TSE:FTT stock, click here.
More about Finning International
Finning International is the world’s largest Caterpillar dealer, providing equipment, parts, services, and performance solutions. The company operates in Western Canada, Chile, Argentina, Bolivia, the United Kingdom, and Ireland, with its headquarters in Surrey, British Columbia.
Average Trading Volume: 445,963
Technical Sentiment Signal: Buy
Current Market Cap: C$5.71B
See more data about FTT stock on TipRanks’ Stock Analysis page.