First National Financial (TSE:FN) Price Target Raised to C$42.00

First National Financial (TSE:FN - Get Free Report) had its price objective upped by equities research analysts at National Bankshares from C$41.00 to C$42.00 in a research note issued to investors on Wednesday, BayStreet.CA reports. The firm presently has a "sector perform" rating on the stock. National Bankshares' price target points to a potential upside of 0.99% from the stock's current price.

A number of other equities analysts have also weighed in on FN. TD Securities upped their target price on First National Financial from C$42.00 to C$46.00 and gave the stock a "buy" rating in a research report on Wednesday. Scotiabank increased their price target on First National Financial from C$41.00 to C$44.00 in a research note on Wednesday, July 24th. Finally, CIBC increased their target price on First National Financial from C$40.00 to C$44.00 and gave the stock a "neutral" rating in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of C$42.67.

First National Financial Stock Performance

Shares of FN stock traded up C$0.54 during midday trading on Wednesday, hitting C$41.59. 104,419 shares of the company were exchanged, compared to its average volume of 30,506. The firm has a market capitalization of C$2.49 billion, a P/E ratio of 10.94, a PEG ratio of 0.70 and a beta of 1.04. The company has a debt-to-equity ratio of 6,280.61, a quick ratio of 10.11 and a current ratio of 8.92. First National Financial has a 52 week low of C$34.54 and a 52 week high of C$42.74. The firm's 50 day moving average price is C$38.67 and its two-hundred day moving average price is C$37.37.

First National Financial (TSE:FN - Get Free Report) last issued its quarterly earnings results on Tuesday, July 30th. The company reported C$0.89 earnings per share for the quarter, missing analysts' consensus estimates of C$0.93 by C($0.04). The firm had revenue of C$205.45 million for the quarter, compared to the consensus estimate of C$227.10 million. First National Financial had a return on equity of 30.22% and a net margin of 32.60%. As a group, equities research analysts anticipate that First National Financial will post 4.0243655 earnings per share for the current year.

Insider Activity at First National Financial

In related news, insider FNSC Holdings Inc. bought 25,774 shares of the business's stock in a transaction on Monday, October 7th. The shares were bought at an average price of C$38.81 per share, for a total transaction of C$1,000,288.94. 71.45% of the stock is owned by company insiders.

About First National Financial

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.