National Bankshares Boosts First National Financial (TSE:FN) Price Target to C$42.00

First National Financial (TSE:FN) had its price objective raised by investment analysts at National Bankshares from C$41.00 to C$42.00 in a report issued on Wednesday, BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ target price suggests a potential upside of 3.45% from the company’s current price.

A number of other analysts have also recently commented on FN. CIBC upped their price target on shares of First National Financial from C$40.00 to C$44.00 and gave the company a “neutral” rating in a research note on Wednesday. TD Securities boosted their target price on shares of First National Financial from C$42.00 to C$46.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Scotiabank raised their price target on First National Financial from C$41.00 to C$44.00 in a report on Wednesday, July 24th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of C$42.67.

First National Financial Stock Down 2.4 %

Shares of TSE FN opened at C$40.60 on Wednesday. The company has a debt-to-equity ratio of 6,280.61, a current ratio of 8.92 and a quick ratio of 10.11. The stock has a market capitalization of C$2.43 billion, a PE ratio of 10.76, a P/E/G ratio of 0.70 and a beta of 1.04. First National Financial has a one year low of C$34.54 and a one year high of C$42.74. The business’s fifty day moving average price is C$38.75 and its 200-day moving average price is C$37.39.

First National Financial (TSE:FN) last released its quarterly earnings data on Tuesday, July 30th. The company reported C$0.89 EPS for the quarter, missing the consensus estimate of C$0.93 by C($0.04). The business had revenue of C$205.45 million for the quarter, compared to analysts’ expectations of C$227.10 million. First National Financial had a net margin of 32.60% and a return on equity of 30.22%. On average, equities research analysts anticipate that First National Financial will post 4.0243655 EPS for the current year.

Insider Buying and Selling at First National Financial

In other First National Financial news, insider FNSC Holdings Inc. bought 16,565 shares of First National Financial stock in a transaction that occurred on Thursday, September 19th. The stock was acquired at an average cost of C$39.24 per share, for a total transaction of C$650,010.60. Insiders own 71.45% of the company’s stock.

About First National Financial

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.