First National Financial Co. (TSE:FN) Given Average Rating of “Hold” by Analysts

Shares of First National Financial Co. (TSE:FN) have been assigned an average rating of “Hold” from the six research firms that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$42.67.

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

Insider Transactions at First National Financial

In related news, insider FNSC Holdings Inc. purchased 6,412 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The shares were acquired at an average price of C$39.00 per share, with a total value of C$250,068.00. In the last quarter, insiders bought 31,950 shares of company stock worth $1,280,390. 71.45% of the stock is currently owned by corporate insiders.

First National Financial Trading Up 0.8 %

TSE FN traded up C$0.33 during mid-day trading on Thursday, reaching C$40.62. 33,655 shares of the company’s stock traded hands, compared to its average volume of 31,123. First National Financial has a 1-year low of C$35.15 and a 1-year high of C$45.10. The company has a fifty day simple moving average of C$40.43 and a 200-day simple moving average of C$40.29. The company has a market cap of C$2.44 billion, a price-to-earnings ratio of 13.23, a P/E/G ratio of 0.70 and a beta of 1.04.

About First National Financial

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.