First National Financial Corp (FN) Stock Rating Reaffirmed by Scotiabank

Scotiabank reaffirmed their sector perform rating on shares of First National Financial Corp (TSE:FN) in a report published on Wednesday, April 26th. Scotiabank currently has a C$27.00 price objective on the stock.

Several other brokerages also recently issued reports on FN. Royal Bank of Canada raised First National Financial Corp from an underperform rating to a sector perform rating in a research note on Monday, January 9th. National Bank Financial downgraded First National Financial Corp from an outperform market weight rating to a sector perform rating in a research note on Sunday, February 5th. Finally, TD Securities reaffirmed a hold rating and issued a C$30.00 price objective on shares of First National Financial Corp in a research note on Thursday, March 2nd.

First National Financial Corp (TSE:FN) traded up 0.08% during midday trading on Wednesday, reaching $25.11. 33,909 shares of the company traded hands. The firm’s 50 day moving average price is $25.48 and its 200 day moving average price is $26.59. The firm has a market capitalization of $1.51 billion and a price-to-earnings ratio of 7.69. First National Financial Corp has a 12 month low of $22.18 and a 12 month high of $32.23.

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In other news, Director Scott C. Mckenzie sold 2,000 shares of the business’s stock in a transaction on Tuesday, March 21st. The stock was sold at an average price of C$27.00, for a total value of C$54,000.00. Also, Director Scott C. Mckenzie sold 3,000 shares of the business’s stock in a transaction on Friday, March 24th. The stock was sold at an average price of C$26.80, for a total value of C$80,400.00.

About First National Financial Corp

First National Financial Corporation is a Canada-based parent company of First National Financial LP (FNFLP), which is an originator, underwriter and servicer of prime residential (single-family and multi-unit) and commercial mortgages. The Company operates through two segments: Residential (which includes single-family residential mortgages) and Commercial (which includes multi-unit residential and commercial mortgages).

12 Month Chart for TSE:FN

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