Finning International Inc. has announced the acquisition of John F Hunt Power Group Ltd., expanding its capabilities in the power rental market.
Finning has strengthened its position in the UK power rental sector by acquiring John F Hunt Power Group Ltd. The company's stock closed at C$107.10, down 1.38% on the day of the announcement. However, it has performed well over the past week, gaining 3.47%, and has seen a significant increase of 22.32% over the past month. Year-to-date, Finning's stock has risen by 50.29%.
Investor takeaway: Finning's acquisition of John F Hunt Power Group could enhance its position in the power rental sector.
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Finning International Inc.
FTT.TO
FTT.TO
Finning International Inc.
WealthAwesomeMarket cap
$14.62B
P/E
26.9x
Div. yield
1.09%
Div. / share
$1.23
52W high
$115.59
52W low
$64.88
1W change
+3.47%
Beta
1.21
Analyst Price Targets
Based on analyst covering FTT · as of Sep 30, 2026
Wall Street analysts forecast FTT stock price to rise 9.1% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$122.20
+9.1% Upside
Previously C$121.67 on Sep 17, 2026
Current Price
C$112.00
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on FTT's historical volatility
30-Day Vol
36.5%
Annualized
90-Day Vol
43.5%
Annualized
Trend (90d)
+38.7%
Annualized drift
90d Mean
C$128.60
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$117.28 | C$103.39 – C$133.03 |
| 60 trading days | C$122.81 | C$102.76 – C$146.76 |
| 90 trading days | C$128.60 | C$103.38 – C$159.96 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Finning's Stock Closed at C$107.10 Following Acquisition Announcement
Finning's stock fell by 1.38% on the day of the announcement, with a trading volume of 93,259 shares, which is only 0.51 times the 20-day average of 497,087 shares.
Bull case
The acquisition could boost revenue and increase market share in the UK power rental market.
Bear case
Challenges with integration and competition in the market might affect the anticipated benefits from the acquisition.
Acquisition Details
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Finning International Inc. has acquired John F Hunt Power Group Ltd., a UK-based specialist in power rental services. This strategic move aims to enhance Finning's offerings in a market that has seen growing demand in recent years. The acquisition aligns with Finning's goal to strengthen its market presence and expand its customer base in the UK, potentially leading to higher revenues in the future.
Market Reaction
After the acquisition announcement, Finning's stock closed at C$107.10, down 1.38% for the day. The trading volume was 93,259 shares, significantly lower than the 20-day average of 497,087 shares, indicating a possible lack of investor enthusiasm at that moment. Despite this, the stock has shown strong performance over the past month, with a 22.32% increase, suggesting a generally positive market sentiment leading up to the acquisition.
Future Implications
Investors will closely watch how Finning integrates John F Hunt Power Group into its operations and whether this acquisition leads to increased market share and revenue growth in the power rental sector. Analysts have a moderately bullish outlook for Finning, with an average price target of C$122.20, representing a potential upside of 14.1% from the current price. With a P/E ratio of 26.86 and a profit margin of 4.9%, investors will be keen to see how the acquisition impacts these financial metrics moving forward.
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