Analysts Set First National Financial Co. (TSE:FN) PT at C$42.67

Shares of First National Financial Co. (TSE:FN) have been assigned a consensus recommendation of “Hold” from the five research firms that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is C$43.17.

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

Insider Activity

In related news, insider FNSC Holdings Inc. acquired 6,412 shares of the firm’s stock in a transaction on Tuesday, January 14th. The stock was purchased at an average cost of C$39.00 per share, with a total value of C$250,068.00. Insiders have acquired 31,950 shares of company stock valued at $1,280,390 in the last ninety days. 71.45% of the stock is owned by company insiders.

First National Financial Price Performance

Shares of FN stock opened at C$40.75 on Thursday. The firm has a market cap of C$2.45 billion, a price-to-earnings ratio of 13.27, a P/E/G ratio of 0.70 and a beta of 1.04. First National Financial has a one year low of C$35.15 and a one year high of C$45.10. The stock’s fifty day simple moving average is C$40.44 and its 200 day simple moving average is C$40.34.

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.