First National Financial Co. (TSE:FN) Receives C$42.67 Consensus Target Price from Analysts

First National Financial Co. (TSE:FN) has earned an average rating of “Hold” from the five ratings firms that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$43.17.

A number of brokerages recently weighed in on FN. TD Securities decreased their price objective on shares of First National Financial from C$46.00 to C$45.00 and set a “buy” rating for the company in a report on Thursday, March 6th. BMO Capital Markets boosted their target price on shares of First National Financial from C$41.00 to C$42.00 in a research report on Thursday, March 6th. Finally, Scotiabank boosted their target price on shares of First National Financial from C$44.00 to C$45.00 and gave the company a “sector perform” rating in a research note on Thursday, March 6th.

Insider Activity

In other news, insider FNSC Holdings Inc. acquired 742 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The stock was purchased at an average price of C$40.50 per share, with a total value of C$30,051.00. Insiders acquired 31,950 shares of company stock worth $1,280,390 over the last three months. Insiders own 71.45% of the company’s stock.

First National Financial Trading Up 0.6 %

FN stock opened at C$39.50 on Thursday. First National Financial has a 12 month low of C$35.15 and a 12 month high of C$45.10. The company has a 50-day moving average price of C$40.41 and a 200 day moving average price of C$40.37. The stock has a market cap of C$2.37 billion, a PE ratio of 12.86, a P/E/G ratio of 0.70 and a beta of 1.04.

First National Financial Company Profile

First National Financial Corp is the parent company of First National Financial LP, a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages. The company controls its First National Mortgage Investment Fund, which manages economic exposure to a diversified portfolio of primarily commercial mezzanine mortgages.