First National Financial (TSE:FN) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

First National Financial (TSE:FN - Get Free Report) had its target price boosted by equities researchers at BMO Capital Markets from C$41.00 to C$42.00 in a research note issued to investors on Thursday,BayStreet.CA reports. BMO Capital Markets' price target suggests a potential upside of 5.13% from the stock's previous close.

First National Financial Trading Down 2.0 %

Shares of FN stock traded down C$0.80 during trading hours on Thursday, reaching C$39.95. 33,450 shares of the stock were exchanged, compared to its average volume of 32,273. First National Financial has a 12-month low of C$35.15 and a 12-month high of C$45.10. The company's 50-day moving average price is C$40.44 and its 200-day moving average price is C$40.34. The firm has a market capitalization of C$2.40 billion, a price-to-earnings ratio of 13.01, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04.

Insider Buying and Selling

In other news, insider FNSC Holdings Inc. purchased 24,796 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The stock was purchased at an average cost of C$40.34 per share, with a total value of C$1,000,270.64. In the last ninety days, insiders bought 31,950 shares of company stock valued at $1,280,390. Company insiders own 71.45% of the company's stock.

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.