TD Securities Has Lowered Expectations for First National Financial (TSE:FN) Stock Price

First National Financial (TSE:FN - Free Report) had its target price cut by TD Securities from C$46.00 to C$45.00 in a research note published on Thursday,BayStreet.CA reports. They currently have a buy rating on the stock.

Separately, BMO Capital Markets boosted their target price on shares of First National Financial from C$41.00 to C$42.00 in a research report on Thursday. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of C$43.17.

First National Financial Stock Down 2.0 %

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

Insiders Place Their Bets

In other First National Financial news, insider FNSC Holdings Inc. acquired 24,796 shares of the company's stock in a transaction dated Wednesday, February 5th. The shares were acquired at an average cost of C$40.34 per share, with a total value of C$1,000,270.64. In the last quarter, insiders have purchased 31,950 shares of company stock valued at $1,280,390. Insiders own 71.45% of the company's stock.

Remove Ads

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.