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

First National Financial (TSE:FN) had its price objective hoisted by Scotiabank from C$44.00 to C$45.00 in a research report report published on Thursday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

A number of other research analysts have also commented on FN. BMO Capital Markets boosted their price target on shares of First National Financial from C$41.00 to C$42.00 in a research report on Thursday. TD Securities reduced 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. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of C$43.17.

First National Financial Trading Up 0.7 %

Shares of TSE:FN opened at C$40.59 on Thursday. The company has a 50 day moving average of C$40.43 and a 200 day moving average of C$40.29. The stock has a market cap of C$2.44 billion, a P/E ratio of 13.22, a P/E/G ratio of 0.70 and a beta of 1.04. First National Financial has a 12 month low of C$35.15 and a 12 month high of C$45.10.

Insider Transactions at First National Financial

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