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

Shares of First National Financial Co. (TSE:FN) have been assigned a consensus rating of “Hold” from the six analysts that are currently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$42.67.

FN has been the topic of several recent analyst reports. BMO Capital Markets increased their price objective on shares of First National Financial from C$41.00 to C$42.00 in a report on Thursday. TD Securities cut their price target on shares of First National Financial from C$46.00 to C$45.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Scotiabank boosted their price objective 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.

Insider Activity

In related news, insider FNSC Holdings Inc. bought 6,412 shares of the stock in a transaction dated Tuesday, January 14th. The stock was acquired at an average price of C$39.00 per share, for a total transaction of C$250,068.00. In the last 90 days, insiders have acquired 31,950 shares of company stock valued at $1,280,390. Company insiders own 71.45% of the company’s stock.

First National Financial Stock Up 0.8 %

Shares of FN traded up C$0.33 during mid-day trading on Thursday, reaching C$40.62. 33,655 shares of the company’s stock were exchanged, compared to its average volume of 31,123. The company has a 50-day simple moving average of C$40.43 and a two-hundred day simple moving average of C$40.29. First National Financial has a 52-week low of C$35.15 and a 52-week high of C$45.10. The company has a market cap of C$2.44 billion, a price-to-earnings ratio of 13.23, a PEG 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.